Oracle Sun Acquisition Reconfigures OS Market

Goodbye IBM, hello Oracle
It’s a fact of corporate life these days. Companies are laying off significant numbers of employees, some are going bankrupt and others are bought out by others in their field. This is particularly true of tech companies, where corporate mergers of the larger consuming the smaller happens [...]

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Monday, April 20th, 2009 by
Steven Tarlow

IBM and Sun Microsystems Get Closer to Merger

Layoffs inevitable if companies merge
It has been rumored for weeks that IBM is considering buying Silicon Valley computing pioneer Sun Microsystems. Those rumors appear to be valid. Forbes magazine reports that the companies are inching ever closer to joining forces. Forbes also reports that said merger could result in 10,000 [...]

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IBM
Friday, April 3rd, 2009 by
Elizabeth Fairchild

More IBM Layoffs in the Works

Company Cuts Jobs Despite Strong Quarter
When its financial quarter ended in January, IBM reported net income of $4.4 billion, or $3.28 a share, on revenue of $27 billion.
Nevertheless, the technology giant’s employee union posted a warning on its site that job cuts are imminent.
Round 2 for 2009
The number of layoffs [...]

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ibm
Wednesday, March 25th, 2009 by
Elizabeth Fairchild

Sun Microsystems Shares Rise on IBM Buyout Claim

Possible acquisition has tech world talking
There’s big news in the tech world. The Huffington Post reports that shares of Sun Microsystems Inc. (the computer and information technology component vending giant) have skyrocketed after a published report claimed that IBM is in the preliminary stages of negotiations to buy Sun for [...]

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Wednesday, March 18th, 2009 by
Steven Tarlow