Dropping profits and stock prices have analysts speculating that Sun could be a target for either acquisition or a restructuring in which the company would sell off parts of the business and focus on a smaller set of technologies. In a July 31 report, the 451 Group analyst firm raised the possibility of Sun being acquired: ‘Sun’s sunken stock price creates a relative bargain considering its roughly $4 billion cash on hand, sizeable intellectual property and patent portfolio, and of course, its respected technology and products’.
More: continued here
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
This entry was posted
on Friday, August 29th, 2008 at 12:08 pm and is filed under Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Related News
Almost Human: A Review of Google’s Android G1 Phone
"The T-Mobile G1 Google smartphone, designed by Google and made by HTC, remains firmly in the shadow of the iPhone-for now. The phone, which goes on sale next week in the US and next month in Britain, was released too early. The HTC hardware and Android OS that powers it lack the polish and depth of even the iPhone 1.0 in most respects. It's not a bad phone, but the software and hardware needed more time in the oven to bring them to a golden brown crispness." Full review at Arstechnica.
Download SmartRSS Plugin
Loading ...