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Oracle buys Sun Microsystems in $7.4bn deal

Sun Microsystems has agreed to be bought by US tech giant Oracle in a $7.4bn (£5.1bn) deal, just two weeks after takeover talks with IBM fell apart. Oracle announced today that it will pay $9.50 a share for Sun, making the company the latest in a string of acquisitions for Oracle’s chief executive Larry Ellison. Oracle’s offer [...]

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