John Paczkowski

Recent Posts by John Paczkowski

Pssst, Buddy… Wanna Buy Sun Microsystems?

otellini_paulIntel CEO Paul Otellini has confirmed what “people familiar with the matter” and industry observers have been saying for months now. Sun (JAVA) is eager to find a buyer and has offered itself for sale to IBM (IBM) and pretty much anyone else who might have the cash to acquire it. “I can tell you that Sun was shopped around the Valley and around the world in the last few months,” Otellini told Intel (INTC) employees during a recent meeting, according to an SEC filing. “A lot of companies got calls or visits on buying some or all the assets of the company. It looks like IBM is in the hunt now. And at a hundred and some odd percent premium, I suspect they’ll get it….I think IBM is trying to consolidate architectures. IBM has the strongest Java license in the industry. By picking up Sun–which is the creator of Java–they really consolidate their position not just in Linux, but also in Java….Is it good or bad for us? I don’t know. I’d rather have Sun be independent, I guess.”

Sadly for Otellini, that’s not likely to be the case. Sources close to the company tell Bloomberg that IBM is knee-deep in talks to acquire Sun and that a deal may be announced as soon as next week.


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December 30, 2013 at 6:49 am PT

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December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald