John Paczkowski

Recent Posts by John Paczkowski

All in Favor of Putting Sun Out of Its Misery, Say Aye

sunstrategy_oracleThe shareholders of Sun Microsystems have given the thumbs-up to the company’s merger agreement with Oracle.

At a special meeting Thursday, a 62 percent majority of Sun’s common stock owners–not including CEO Jonathan Schwartz and board chairman and co-founder Scott McNealy, who, oddly, did not attend–approved the deal, which calls for Oracle (ORCL) to acquire Sun (JAVA) for $9.50 per share in cash, a total of $7.4 billion.

The vote was quick and painless, I’m told. It began at 10:02 am PDT and closed at 10:05 am. The end of Sun’s 27-year history was decided in under five minutes.

Of course, the merger still faces antitrust scrutiny, but Oracle insists it will be completed by the end of the summer. Oracle is probably right. And with ownership of Sun’s Java programming language and the Solaris operating system, Oracle will be a systems and software powerhouse capable of taking Microsoft (MSFT), Hewlett-Packard (HPQ) and IBM (IBM) to the mat.

[Image credit: Ars Technica]


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

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— Valleywag editor Sam Biddle