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Economic Worries Propel Silicon Valley Deals

Oracle and Sun Microsystems may be only tip of the iceberg

(Newser) - Recent acquisitions by Sun Microsystems and Oracle could be the opening round of new Silicon Valley deal-making, the Wall Street Journal reports, as tech companies worried about a US economic slowdown seek to strengthen their positions. Smaller companies struggling to stay afloat are tempting targets; bigger fish also want to... More »

Sun Reveals Profit Boom, $1B MySQL Buyout

Open-source software developer latest acquisition for giant

(Newser) - Sun Microsystems revealed two surprises today: The computer company showed quarterly earnings that have nearly doubled from a year ago, and it said it would buy open-source software developer MySQL for $800 million in cash and $200 million in assumed options. Sun’s earnings in the second quarter—which ended... More »

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