Wall Street Makes IBM, Sun Strange Bedfellows?
March 23, 2009 Timothy Prickett Morgan
The details are sketchy, and the two companies are not confirming or denying that something is going down, but the Wall Street Journal broke a story last Tuesday, right smack dab in the middle of the opening session of Sun Microsystems‘ CommunityOne East developer conference in New York, that IBM was in talks to shell out between $7.4 billion and $8.2 billion to acquire Sun. People familiar with the negotiations, which were apparently still going on as I write this on Thursday afternoon, leaked the fact that there were talks to the Associated Press and Reuters. Personally, I blame |