IBM is set to acquire Sun Microsystems

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Click here to read the full story >> According to reports, IBM is set to acquire Sun Microsystems, a prominent rival in the server and software markets, for $7bn. The purchase is the largest in Big Blue’s history, and breaks a long dry spell in the M&A arena.

The deal could also cement IBM’s hold on some core hardware and software technologies, bringing a sea change in the world of corporate and government datacentres.
Sources: NYTIMES

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