IBM cut its offering price for Sun Microsystems Inc to $9 to $10 per share, The Wall Street Journal reported on Thursday.
IBT Staff Reporter
Apr 02, 2009
Sun Microsystems Inc. on Tuesday said it is laying off 1,500 workers in US and international operations, at “all functions, geographies and levels,” including vice presidents and directors.
IBT Staff Reporter
Mar 31, 2009
The Sun-Times Media Group, parent of the Chicago Sun-Times, filed for bankruptcy protection on Tuesday, earning Chicago the distinction of being the first U.S. city served by two bankrupt newspaper publishers.
IBT Staff Reporter
Mar 31, 2009
Fujitsu Ltd reaffirmed the company's commitment to its high-end computer server franchise, even though its partner in that business faces an uncertain future.
IBT Staff Reporter
Mar 30, 2009
As IBM's negotiations to buy Sun Microsystems Inc enter another week, some analysts are weighing the risks in what could be the biggest U.S. technology deal this year.
IBT Staff Reporter
Mar 27, 2009
IBM's talks to acquire Sun Microsystems Inc are continuing and may extend beyond next week, according to a person with knowledge of the matter.
IBT Staff Reporter
Mar 26, 2009
Intel Corp Chief Executive Paul Otellini said IBM's discussions to acquire Sun Microsystems Inc are likely to succeed for one ringing reason: Money Talks.
IBT Staff Reporter
Mar 25, 2009
The chief executive of Dell Inc, the world's No. 2 PC maker, said on Tuesday rumors of IBM possibly buying Sun Microsystems were creating an enormous opportunity for Dell.
IBT Staff Reporter
Mar 24, 2009
Sun Microsystems Inc, the darling of the dot-com boom, never really recovered from the bet it made on high-powered computers used to run the first generation of Internet datacentres.
IBT Staff Reporter
Mar 20, 2009
IBM is still in talks to buy Sun Microsystems Inc and discussions could take several more days as IBM studies various parts of Sun's computer server and software businesses, according to people with knowledge of the matter.
IBT Staff Reporter
Mar 20, 2009
An IBM takeover of Sun Microsystems Inc would raise the prospect of creating a clear leader in computer servers, but gaining market share might not be what's behind IBM's expensive overtures in hard economic times.
IBT Staff Reporter
Mar 19, 2009
IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server and software markets.
IBT Staff Reporter
Mar 18, 2009
IBM is in talks to buy Sun Microsystems Inc for a proposed $6.5 billion cash offer, the Wall Street Journal reported Wednesday.
IBT Staff Reporter
Mar 18, 2009
IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server market.
IBT Staff Reporter
Mar 18, 2009
IBM is in talks to buy Sun Microsystems Inc for at least $6.5 billion, The Wall Street Journal reported, in a deal that could bolster their computer server products against rivals such as Hewlett-Packard Co.
IBT Staff Reporter
Mar 18, 2009
Computer maker Sun Microsystems Inc is preparing to take on web retailer Amazon.com Inc in the fledgling market for cloud computing services that can be accessed via the Internet.
IBT Staff Reporter
Mar 18, 2009
Bright winter sun dissolves a blanket of snow on barn roofs to reveal a bold new sideline for Jean-Luc Westphal: besides producing eggs and grains, he is to generate solar power for thousands of homes.
IBT Staff Reporter
Feb 24, 2009
What do you think of when you think of Switzerland? Is it the dramatic landscapes and quaint country settings? Or is it the unique French, German and Italian cultural influences? Maybe it's the historic castles and heritage?
IBT Staff Reporter
Jan 27, 2009
Morgan Stanley downgraded Sun Microsystems on Friday, saying the computer hardware and software maker is at risk as demand shifts downstream and pricing pressure increase.
IBT Staff Reporter
May 23, 2008
U.S. stocks retreated on Friday after Sun Microsystems Inc.'s disappointing results weighted on the technology sector and surging oil prices overshadowed a better-than-expected April jobs report.
IBT Staff Reporter
May 02, 2008
Sun Microsystems Inc. said on Thursday it will cut from 1,500 to 2,500 jobs in the wake of U.S. economic weakness and delays in orders from some customers.
IBT Staff Reporter
May 01, 2008
Sun's pursuit to have Java applications run on Apple's iPhone gained momentum as the two firms continued holding talks about the idea, while acknowledging a third party's efforts towards the same goal.
IBT Staff Reporter
Apr 28, 2008