Wednesday, March 18, 2009
IBM Is Indeed Eyeing Sun (Finally!)
About three weeks ago, BoomTown surmised that the they’re-practically-giving-them-away prices for some prime but distressed tech companies–combined with cash hordes by stronger players–would eventually result in some acquisition activity sooner than later.
One combination I flagged most prominently, based on several sources, was that IBM would try to grab Sun Microsystems.
And today, The Wall Street Journal reported that that was indeed the case. Such a deal has been long rumored in Silicon Valley, so I wasn’t the first to suggest such an obvious move, and these talks come as a surprise to very few, which would rescue the long-declining Sun and give heft to IBM’s Internet aims.





