Sun to Lay Off 3,000

In an SEC filing Tuesday, Sun Microsystems said it will cut up to 3,000 jobs in the next 12 months as it and Oracle await the European Commission’s approval of their proposed $7.4 billion merger. Oracle’s purchase of the software and server company was given a thumbs-up from the U.S. Department of Justice but the…

Sun Being Acquired by Oracle

Oracle and Sun Microsystems are poised to tie the knot after Oracle this morning said it’s making a $9.50 per share offer in cash for the embattled server and Java player. The total price of the deal will be approximately $7.4 billion, but since Sun brings $1.8 billion of net cash to the deal, the…

The New Utility: Cloud Computing

Cloud services will be what the electrical grid was a century ago: the basis for a whole new set of services, markets and possibilities that can change the way we live and operate, but also threaten the dominant computing hierarchy, said Nicholas Carr, controversial author of Does IT Matter?, in his closing keynote speech at…

What’s Next for Sun?

After several months of turmoil, things came to a head at Sun Microsystems with the unpleasant pre-holiday news that around 6,000 people, 15 to 18 percent of its workforce, would be cut in a restructuring plan that the firm hopes will save $700 million to $800 million annually. The Santa Clara, California-based company declined to…

Cloud Computing is Coming of Age

We are not quite at the point where Microsoft feels desperate enough to loudly license the Rolling Stones’ “Hey, You, Get Off of My Cloud,” but the headline news is that, truly, data are galloping from the desktop into the “cloud” and this heralds a new day dawning in IT management. “Cloud computing is now…

Integration Issues May Hinder SaaS Adoption

As enterprises adopt multiple applications delivered as software-as-a-service (SaaS), a new integration wrinkle emerges: connecting black boxes that cannot be customized by the enterprise. More Tech Trends on CIO Update Riding the CMDB Tidal Wave, Part One: Understanding IT: An Industry in Transition Report: Most Aren’t Rushing Into Web 2.0 Should IT Embrace Consumer Technology?…