Sun shareholders will vote on Oracle deal on July 16

The company's board unanimously recommends passage of the US$7.4 bilion deal

Sun Microsystems has scheduled a special shareholders meeting for July 16 for a vote on whether to accept Oracle's US$7.4 billion proposal to buy the company. Sun's board has unanimously recommended the transaction go through.

The industry has been abuzz with speculation about how Oracle, which made its bid in April, will handle Sun's assets and influence, particularly its stewardship of the Java programming language and the open-source MySQL database.

Some have also questioned whether Oracle is truly interested in Sun's hardware business and will instead sell it to another company. A proxy statement filed by Sun in connection with the merger states that Oracle's initial interest focused on "certain of Sun's software assets."

But in a May 7 interview with Reuters about the acquisition, Oracle CEO Larry Ellison said the company "is definitely not going to exit the hardware business."

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags OracleSun Microsystemslarry ellisonOracle-Sun merger

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Chris Kanaracus

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?