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Sun willing to resume IBM talks? [U]

updated 11:05 am EDT, Thu April 16, 2009

Sun May Resum IBM Talk

A pair of sources claim Sun is willing to return to discussions with IBM over stalled takeover talks, according to Bloomberg. The insiders say Sun's main condition is that IBM make a stronger commitment to closing the deal, which might be subject to anti-monopoly investigations of the combined server business if a deal is struck. Whether Sun is willing to accept a lower offer, which was also considered a sticking point, isn't mentioned.

Sun has repeatedly exhibited interest in being bought out due to its financial struggles as well as its decreased relevance in servers. IBM would use Sun as a boost to its database and server businesses, while it would also get access to Java and other technologies that it would otherwise have to license.

Update: IBM has reportedly told CNBC that it's uninterested in further negotiations "at any price."




by MacNN Staff

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