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IBM Is Preparing For Sun Acquisition
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According to Wall Street Journal, IBM is seriously preparing for the Sun acquisition and the IBM experts already analyse all the documentation in the company. IBM allegedly try to clearly understand the complex cross-license agreements that Sun has with third parties, and also they are “digging deeply" in Sun accountings for the third fiscal quarter.
There is no expectations that Sun revision results may affect on IBM's decision for acquiring the company, regardless of the fiscal situation or the current contracts. Although in the second fiscal quarter, Sun ended with 11% decline in revenue compared to the same period last year, and compared to the previous quarter this results were not so bad.
IBM reportedly considering the price of 6.5 to 8 billion dollars for Sun Microsystems.
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