Tuesday, April 21, 2009

Oracle is Buying Sun/MySQL

Oracle has announced that it is going to purchase Sun Microsystems which means that Java, MYSQL and other things are going from a company that was unlikely to charge for these things to a company that generally charges a bomb for everything. I think this will be good for Microsoft who generally charges less for similar products that Oracle sells becuase it has higher sales volumes. http://www.guardian.co.uk/technology/blog/2009/apr/20/oracle-sun-takeover

3 comments:

thevoice@voicedup.com said...

A survey conducted by Citigroup amongst major institutional investors provided the following insight on todays markets:
The favored sector is Tech and this sector has held the top position over the last 12 months. Growth stocks are also a hot item of late, the market sees the economy in a more positive view for the second half ofthe year and this should bode well for growth stocks. An additional upside of 6% is expected from current market levels to the end of the year. The majority of this optimism is due to the market rally since March, investors believe the market has bottomed. Regardless of the expected drop (approximately 20%) in earnings this year, a common consensus is the rebound in 2010 will be in the double digits. I’m certain Oracle has this information in mind prior to its acquisition.

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