New York - IBM's takeover bid for Sun Microsystems collapsed over the weekend on disagreements over price and conditions of the deal, Bloomberg financial news agency reported Monday.
After Sun's board broke off the talks, IBM withdrew its offer, according to an unnamed person close to the deal cited by Bloomberg.
Sun balked not only over the price, but also over the absence of guarantees that the deal would go forward even if there were delays such as an antitrust review, the source said.
San Francisco - Business technology giant IBM has lowered its bid for server and software company Sun Microsystems by about 10 per cent in return for a guarantee that it will pursue the deal even in the face of regulatory challenges, the Wall Street Journal reported Thursday.
According to the report, IBM now proposes paying 9 dollars to 10 dollars per share for Sun, compared to 10 dollars to 11 dollars per share when the negotiations were first reported some two weeks ago.
San Francisco - Technology giant IBM is in talks to buy rival Sun Microsystems for 6.5 billion dollars, the Wall Street Journal reported Wednesday. The deal would represent the largest purchase ever by IBM and signal the company's determination to maintain a strong presence in the market for servers in the face of challenges from HP, Dell and Cisco.
International Business Machine (IBM) has developed a new internet browsing technology that permits users to speak to the web and create voice-enabled websites with the help of cellular phones.
IBM’s India development team developed the Telecom Web Browser with the help of a new internet protocol called Hyper Speech Transfer Protocol (HSTP) analogous to HTTP.
HSTP offers a mechanism to join telephony voice applications with one another. Moreover, the new protocol intends to provide a communication bridge between the web and voice.
The development and production versions of IBM Information Management database servers, IBM Lotus content management, and IBM WebSphere portal and middleware products would now be getting pay-as-you-go access by IBM and Amazon.
San Francisco -
New York - IBM's takeover bid for Sun Microsystems collapsed over the weekend on disagreements over price and conditions of the deal, Bloomberg financial news agency reported Monday.
San Francisco - Business technology giant IBM has lowered its bid for server and software company Sun Microsystems by about 10 per cent in return for a guarantee that it will pursue the deal even in the face of regulatory challenges, the Wall Street Journal reported Thursday.
San Francisco - Technology giant IBM is in talks to buy rival Sun Microsystems for 6.5 billion dollars, the Wall Street Journal reported Wednesday. The deal would represent the largest purchase ever by IBM and signal the company's determination to maintain a strong presence in the market for servers in the face of challenges from HP, Dell and Cisco.
International Business Machine (IBM) has developed a new internet browsing technology that permits users to speak to the web and create voice-enabled websites with the help of cellular phones.
The development and production versions of IBM Information Management database servers, IBM Lotus content management, and IBM WebSphere portal and middleware products would now be getting pay-as-you-go access by IBM and Amazon. 
