IBM Canceled to Buy Sun Microsystem

The desire for IBM acquires rivalnya Sun Microsystems inc ground already. The vendor of hardware and software is more interested in ensuring not buy the Sun was the price asked.

Previously, the company that was established since 1911 that the road was clogged with the Sun at the table. Section, according to IBM price submitted by the Sun is too high. Although, if the newspaper had outstanding forward IBM ready to negotiate again.

“If only Sun and IBM want to make the meeting last week, not the continuation may not negoisasi both companies will continue to happen,” said Avi Cohen of Avian analysis, as cited CNBC on Monday (20/4/2009).

As known, IBM is willing to pay the price of Sun stock USD10 to USD11 hope that is not appropriate.Because of the discussion, only IBM is able to offer Sun shares not more than USD9, 50.

Discussion has happened for three days this also appears to be quite useless.Moreover, if, IBM still does not want to raise the bid to purchase the shares that have been Sun dipatok is USD11.

Source: Okezone
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