Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »

Advertisements

Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »


Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »


Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »


Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »


Sun acquisition

April 21, 2009

Oracle Corporation is to acquire the Santa Clara, California computer company Sun in a deal worth approximately $7.4bn (£5bn).

Oracle president Safra Catz said that he believed that the acquired business would contributemore than$1.5bn to Oracle’s operating profit in the first year, increasing tomore than$2bn in the second year.

He added: ‘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.’

Read the rest of this entry »