[Infowarrior] - IBM in talks to buy Sun Microsystems

[Richard Forno]

Report: IBM in talks to buy Sun Microsystems
IBM reportedly in talks to buy Sun Microsystems for at least $6.5B

Wednesday March 18, 2009, 7:59 am EDT


http://finance.yahoo.com/news/Report-IBM-in-talks-to-buy-apf-14674333.html

NEW YORK (AP) -- A published report says International Business  
Machines Corp. is in preliminary talks to buy Sun Microsystems Inc.  
for at least $6.5 billion in cash.

The Wall Street Journal, which cited unnamed people familiar with the  
matter, said Wednesday the deal could occur as early as this week.

IBM, of Armonk, N.Y., and Sun Microsystems of Santa Clara, Calif.,  
both make computer systems for corporate customers, and the newspaper  
says a purchase of Sun Micro would help IBM in the finance and  
telecommunications markets.

The Journal says both companies declined to comment on the report.