A long-speculated acquisition by International Business Machines Corp. (IBM) of Sun Microsystems Inc., is close to fruition, according to Wall Street Journals morning report. Though the specifics are not known, the deal would be a solid one.
The mix of these two companies would boost IBMs Internet backbone presence, and improve its standing in the software, finance and telecommunications markets. CNet reports a bidding price of $6.5 billion.
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