Is it a bad idea for IBM to buy Sun?
Stranger things have happened, but there are several reasons why IBM buying Sun Microsystems could, to borrow a phrase from former Sun Chief Executive Scott McNealy, be like two garbage trucks colliding in slow motion.
The Wall Street Journal reported that IBM is in talks to buy Sun for at least $6.5 billion in cash, which would amount to about $4 billion once Sun’s cash and marketable securities are taken into account. On paper, the deal could make some sense: adding Sun’s server market share would give IBM more clout in its competition with Hewlett-Packard, IBM would get some software and intellectual property assets, and that price would be a nice premium for Sun shareholders disappointed with the company’s sliding stock price.
Is it a bad idea for IBM to buy Sun? | Business Tech – CNET News
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