I.B.M. Reportedly Will Buy Rival Sun for $7 Billion

Update: 3/6/2009 : This morning the reports are that IBM has withdrawn their bid for Sun, after first reducing their bid price. Hopefully, this "deal" will not happen because he has no benefit for anyone and raises serious anti-trust concernts.

Update: If this merger were to be allowed, because of overlaps in the businesses, it could cost the economy as many as 10,000 jobs.

The merger makes no sense. It is anti competitive. It hurts the economy. It will cost the economy jobs. It is fucking stupid.

I.B.M.’s acquisition of Sun would disrupt that long partnership with Oracle. I.B.M. could also undercut Oracle by more actively promoting the free MySQL software, which has become the most popular database software with Internet companies.

Hardware inherited from Sun could present antitrust concerns. I.B.M. faces an antitrust complaint from T3 Technologies over its dominance in the mainframe market. By buying Sun, I.B.M. would gain close to total control over robotic tape storage devices used to file data on mainframes.

Sun has a sales and technology partnership with Fujitsu for the sale of Unix servers. If I.B.M. buys Sun, Fujitsu and Hewlett-Packard will be the combined company’s only major competitors in the Unix market, a possible concern for regulators here and in Europe. Sun faces a patent infringement lawsuit from the storage maker NetApp and has countersued. NetApp has a sales pact with I.B.M.

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For the United States and Europe to have harassed Microsoft over anti-trust concerns and then whisper to IBM that this deal is okay, pure corruption!!!