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Recurring Revenue Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Elizabeth White, Xenia von Wedel

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Oracle Buys Sun!!

Swooping in from nowhere, Oracle buys Sun for $7.4B!!

"This morning, the companies announced that they'd struck a deal worth $7.4 billion or $5.6 billion net of Sun's cash and debt. Under the terms, Oracle will acquire Sun common stock for $9.50 per share in cash.

The arrangement would provide Oracle ownership of Java and Solaris and gives Oracle control of MySQL, in addition to its own flagship database technology ."

What a coup for Oracle and a boon for cloud computing!! As a software company focused on transitioning to the SaaS model, Oracle is making a very loud statement with this acquisition. With our SOA-R partners, Northrop Grumman and Appistry, Dataline has already successfully demonstrated an ability to use the Oracle SOA Suite and Oracle Beehive on the Amazon EC2 platform (see Cloud Computing: Infrastructure-as-a-Service Demonstration). As one of the largest Oracle application users, the Federal government will now definitely see Oracle as a viable software standard for the much anticipated government cloud.

Read the original blog entry...

More Stories By Kevin Jackson

Kevin Jackson, founder of the GovCloud Network, is an independent technology and business consultant specializing in mission critical solutions. He has served in various senior management positions including VP & GM Cloud Services NJVC, Worldwide Sales Executive for IBM and VP Program Management Office at JP Morgan Chase. His formal education includes MSEE (Computer Engineering), MA National Security & Strategic Studies and a BS Aerospace Engineering. Jackson graduated from the United States Naval Academy in 1979 and retired from the US Navy earning specialties in Space Systems Engineering, Airborne Logistics and Airborne Command and Control. He also served with the National Reconnaissance Office, Operational Support Office, providing tactical support to Navy and Marine Corps forces worldwide. Kevin is the founder and author of “Cloud Musings”, a widely followed blog that focuses on the use of cloud computing by the Federal government. He is also the editor and founder of “Government Cloud Computing” electronic magazine, published at Ulitzer.com. To set up an appointment CLICK HERE

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