Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Business software giant (and "great white shark of the IT industry ") Oracle first announced its plan to pay US$7.4 billion for computer systems manufacturer Sun Microsystems.
Various regulatory agencies, as well as Sun stockholders, had to approve before the purchase could go through.
Sun's stockholders approved the deal on July 16, and now the Justice Department has given the nod and ended the legally required waiting period.
The primary remaining hurdle would appear to be the consent of the European Commission.
Soon after the deal was announced, Oracle CEO Larry Ellison said he planned to retain Sun's hardware business so that Oracle could provide optimized hardware/software systems à la Apple and Cisco.
On the other hand, analysts predicted that up to 15,000 Sun employees could lose their jobs in the process.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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