IBM is negotiating the purchase of Sun Microsystems
The crisis is a good time for companies facing tight on my legs in order to make major acquisitions. According to reports, IBM is negotiating the purchase of Sun Microsystems. As a minimum transaction amount is called the value of 6.5 billion dollars
Publication of The Wall Street Journal, citing knowledgeable person who wished to remain nenazvanoy, argues that the transaction could take place very soon – before the end of the week.
Company IBM and Sun Microsystems are working in the same industry, targeting their products to corporate customers. Buy Sun Microsystems would help IBM to strengthen its position in the financial and telecommunications markets.
In case of successful completion, the transaction may become the largest purchase of IBM in the history of the company. Prior to this, the most significant acquisition of IBM estimated $ 5 billion
Representatives of the companies to refrain from commenting.
