News tagged with microsystems

EU regulators softening stance on Oracle-Sun

(AP) -- European Union regulators appear to be softening their opposition to Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc., a shift that has resurrected some investors' hopes that one of the year's ...

dateDec 15, 2009 in Business
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EU antitrust chief slams senators on Oracle deal

(AP) -- The European Union's antitrust chief said Tuesday that U.S. senators who pressed her to approve Oracle Corp.'s takeover of Sun Microsystems Inc. should stop interfering in Europe's affairs and prioritize U.S. health ...

dateDec 08, 2009 in Business
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Senators press EU to speed its Oracle-Sun probe

(AP) -- U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about ...

dateNov 24, 2009 in Business
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HP's 3Com takeover marks a shot at Cisco

(AP) -- Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. - and a sign of how old relationships are being frayed by a flurry of maneuvers by technology heavyweights.

dateNov 11, 2009 in Business
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EU objects to Oracle's takeover of Sun

(AP) -- European antitrust regulators have formally objected to Sun Microsystems Inc.'s planned $7.4 billion sale to Oracle Corp., escalating a battle over a deal that has already been cleared in the U.S.

dateNov 09, 2009 in Business
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Sun CEO's pay package cut by a third in '09

(AP) -- The value of Sun Microsystems Inc. CEO Jonathan Schwartz's latest pay package dropped 37 percent from last year as the company lost more than $2 billion and was in such dire financial shape that it was forced to ...

dateOct 29, 2009 in Business
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