Saturday, May 30, 2009

Oracle to Buy Sun


On April 20, 2009, Sun and Oracle announced 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. The proposed transaction is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions. Until the deal closes, each company will continue to operate independently, and it is business as usual.
The acquisition combines best-in-class enterprise software and mission-critical computing systems. Oracle plans to engineer and deliver an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves. Customers benefit as their system integration costs go down while system performance, reliability and security go up.


Summary:
The two big company of programer lenguaje now together is interesting......

New Words:
Announced:

Pronunciation:
an·nounce (ə-nouns')

To make known publicly.
To proclaim the presence or arrival of: announce a caller.
To provide an indication of beforehand; foretell: The invention of the microchip announced a new generation of computers.

To declare one's candidacy: was declared the front-runner even before she announced.
To serve as an announcer.


Stockholder:

Pronunciation:
stock·hold·er (stŏk'hōl'dər)

One who owns a share or shares of stock in a company. Also called stockowner.

Themselves:

Pronunciation:
them·selves (THĕm-sĕlvz', THəm-)

Those ones identical with them:

  • Used reflexively as the direct or indirect object of a verb or as the object of a preposition: prepared themselves for the trip; gave themselves plenty of time; were left to themselves.
  • Used for emphasis: The cooks themselves eat after all the guests have finished.
  • Used in an absolute construction: Newcomers themselves, they knew few people at the party.
  • Their normal or healthy condition: The members of the crew were themselves again after the crisis passed.

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