John Paczkowski

Recent Posts by John Paczkowski

IBM, Sun Deal Friday?

sun_ibmHow badly does Sun (JAVA) want its acquisition deal with IBM to go through? So badly that it’s willing to lower its purchase price for assurances that Big Blue will finish the deal. People familiar with the matter tell The Wall Street Journal that Sun has agreed to lower its takeover price to between $9 and $10 per share from $10 to $11 on the condition that IBM (IBM) commits to acquiring it regardless of a government antitrust review.

Talks between the two companies continue. And, according to DealBook, which pegs the price at $9.50 a share, a deal could be announced as soon as Friday. If it is, it will likely prove the largest in IBM’s history, surpassing its $5 billion acquisition of software maker Cognos in November 2007.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

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

Latest Video

View all videos »

Search »

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