Oracle To Buy Sun Microsystems

Hi, Since noone else seems to have sent this to the list yet, I thought I would send a snippet and a link for those who might be interested in this. Snippet: NEW YORK, April 20: The world's number two software company, Oracle Corporation, today agreed to buy hardware provider Sun Microsystems Inc for $7.4 billion, or $9.50 per share, in cash, pushing the software company into high-end computing system. ?We expect this acquisition to be accretive to Oracles earnings by at least 15 cents on a non-GAAP?basis in the first full year after closing. The business will contribute over $1.5 billion to Oracles non-GAAP?operating profit in the first year, increasing to over $2 billion in the second year,? Oracle president Ms Safra?Catz?said in a statement. Source: http://www.thestatesman.net/page.news.php?clid=12&theme=&usrsess=1&… Regards, Andrew B aliensrcooluk at yahoo.co.uk