Posts tagged with ‘ibm’

 

  • Archives

  • Categories

Doesn’t this look like a huge Playstation 2?

An IBM employee prepares the new zEnterprise System Mainframe for shipment in the company’s Poughkeepsie, N.Y. plant. IBM added a new, 56,000-square-foot, $30 million production floor to its Poughkeepsie plant in 2010 to manufacture the new computer. Altogether the zEnterprise System represents $1.5 billion in R&D investment for IBM and a three-year, 24-hour development cycle that spanned three continents and involved more than 5000 staff working a total of 31 million hours. (Image and description source: ComputerWorld)

 

With the new buy Oracle will own MySQL! Well, that’s really nothing compared to Oracle’s own database. But Oracle will now own Java too. Not that I care of course.

Oracle Buys Sun

Oracle Corporation (Nasdaq: ORCL) and Sun Microsystems (Nasdaq: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun’s cash and debt. “We expect this acquisition to be accretive to Oracle’s earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. We estimate that the acquired business will contribute over $1.5 billion to Oracle’s non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,” said Oracle President Safra Catz.

So long as IBM is not the one buying it. It’s good to see Oracle moving into open source though. Oracle hasn’t been that embracing to the open source community. Perhaps the acquisition would change things.

[via Ridzuan through MSN]

 

IBM doesn’t want to buy Sun Microsystems anymore. I think it’s a good move for IBM although it’s really bad for Sun Microsystems. IBM is the best suitor for Sun, considering it’s experience in monetizing on opensource projects. Sun can’t seem to earn much money out of it.

I.B.M. Withdraws $7 Billion Offer for Sun Microsystems

I.B.M. withdrew its $7 billion bid for Sun Microsystems on Sunday, one day after Sun’s board balked at a reduced offer, according to three people close to the talks.

The deal’s collapse after weeks of negotiations raises questions about Sun’s next step, since the I.B.M. offer was far above the value of the Silicon Valley company’s shares when news of the I.B.M. offer first surfaced last month. Sun, an innovative pioneer in computer workstations, servers and Internet-era software, has struggled in recent years and spent months trying to secure a suitor.

With I.B.M. and others shying away from a deal, a bruised Sun could be forced to continue pursuing a solo business model whose prospects have been questioned by many analysts.I.B.M. had a team of more than 100 lawyers conducting due-diligence research on potential problems in a purchase of Sun, ranging from those antitrust concerns to Sun’s contracts with employees and I.B.M. competitors.

After the legal review, I.B.M. shaved its offer Saturday from $9.55 a share, the proposal on the table late last week, to $9.40 a share, said one person familiar with the talks. The offer was presented to Sun’s board on Saturday, and the board balked. The Sun board did not reject the offer outright, but wanted certain guarantees that the I.B.M. side considered “onerous,” according to that person.

Sun then said it would no longer abide by its exclusive negotiating agreement with I.B.M., a second person familiar with the discussions said. On Sunday, I.B.M.’s board decided to withdraw the offer. (Source: New York Times)

I applaud IBM on not purchasing Sun Microsystems. It’s not worth USD7billion at all. Acquiring the company is like charity work.

 

Bloomberg reports that IBM is interested in purchasing Sun Microsystems for $6.5 billion. This acquisition makes sense for IBM although I don’t think it’s worth paying that amount for this company. IBM offers numerous Java-based solutions I think. I don’t see much advantage for IBM in this merger.

IBM May Pay $6.5 Billion to Buy Sun Microsystems, WSJ Reports

International Business Machines Corp. is in talks to buy Sun Microsystems Inc., the Wall Street Journal reported, citing people familiar with the matter.

IBM may pay at least $6.5 billion, 100 percent more than Sun’s closing price of $4.97 a share on Tuesday, the report said, citing the people. An agreement may not be reached, the newspaper said.

An acquisition of Sun Microsystems would bolster IBM’s Internet, data storage, government and telecommunications business, the newspaper said, citing the people.

In recent months, Sun Microsystems has contacted a number of technology companies with the aim of being acquired, people familiar with the matter said, according to the newspaper. Hewlett-Packard Co. declined the offer, the newspaper reported, citing a person briefed on the matter. (Source: Bloomberg)

Sun has too much open-source products and failed to really monetize much of their software. Perhaps IBM can do something about it.

 

What? You can patent that?

Abstract

A computer Implemented method of automatically removing space characters from data being entered into a database system are provided. When a user creates a table in a database system into which data having leading and/or trailing character spaces may be entered, the user may specifically instruct the database system to remove any character spaces before entering the data into the table. Consequently, when a piece of data is being entered into the table, the database system will determine whether the piece of data includes leading and/or trailing character spaces. If so, the database system will automatically remove the character spaces from the piece of data before it is entered into the table. Hence, the use of TRIM functions when retrieving data from the database system will be obviated. (Source: USPTO)

Well it’s a fairly simple idea…

 

WordPress powered and Django inspired.
Love and elephants come after.
RSS: Posts and comments.