April 20, 2009
Oracle acquired Sun's common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of SunÃ¢Â€Â™s cash and debt.
After Microsoft and IBM, Oracle is the third-largest software company in terms of revenues.
Image: Sun Microsystems chairman and co-founder Scott McNealy speaks during a keynote address.