Oracle buying Sun Microsystems for $9.50 a share
Oracle Corp. stepped in to buy Sun Microsystems Inc. for $9.50 a share in a deal valued at $7.4 billion, just weeks after a reported deal by IBM to buy the maker of Java software fell apart.
Business software giant Oracle announced Monday it was buying Sun Microsystems and its Java programming language for 7.4 billion dollars after IBM abandoned its bid for the struggling tech company.