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Sun Said to Be Willing to Talk If IBM Eases on Terms

Posted by Scott_Ruecker on · 3 comments
Bloomberg; By Katie Hoffmann and Connie Guglielmo
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Sun Microsystems Inc. would be willing to resume acquisition talks if International Business Machines Corp. makes a stronger commitment to complete the purchase, two people familiar with the matter said. The companies are locked in a stalemate after negotiations fell apart almost two weeks ago, said the people, who declined to be identified because the information is confidential. There were no discussions as of yesterday and each company is waiting for the other to make a move, the people said.

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Comments (3)

They're desperate :)
Why? Yes, Sun stock is way down but the company is still profitable. Surely they can continue to go it on their own.

I also would hate to see less competition in the server and workstation markets.
I wonder why too. IBM's lock on the mainframe is in the 90-something percents. If they absorb Sun that leaves what, HP as the only other mainframe vendor?

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