News & Events
America's Cup: Postponed
Wind conditions delay first Cup race
The start of the first race of the 33rd America's Cup between defending Swiss champions Alinghi and US side Oracle has been postponed due to lack of wind.
The race, a 40-nautical-mile windward-leeward course off the coast of the Spanish port of Valencia, was due to get underway at 10.00am (0900 GMT) but race director Harold Bennett has delayed it indefinitely due to shifting wind conditions.
The wind reached nearly eight knots at the top mark, with possible rain also forecast. The rules for the prestigious race do not outline minimum or maximum wind speeds, with the acceptable wind range set at between seven and 23 knots during the last Cup held in Valencia.
It falls to the race committee to take into account safety and legal obligations and determine whether to start or continue a race. If a race is cancelled or postponed, rules stipulate that the race be sailed on the next scheduled race day, which is Wednesday.
The 33rd America's Cup will field the biggest, fastest and most expensive entries in the 159-year history of the event, with Alinghi's giant catamaran, the Alinghi 5, pitted against Oracle's equally large trimaran, the USA.
News Taken from Sky Sports: Click Here
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Oracle Complete Sun Microsystems Acquisition
On January 27, 2010, Oracle announced it finalized its acquisition of Sun.
This combination transforms the IT industry. With the addition of servers, storage, SPARC processors, the Solaris operating system, Java, and the MySQL database to Oracle's portfolio of database, middleware, and business applications, we plan to engineer and deliver open and integrated systems—from applications to disk—where all the pieces fit and work together out of the box.
Each layer of the stack will be architected to improve performance, leverage innovation and centralize management so that IT will be more predictable, more supportable, and more secure.
Customers will benefit as their system performance, reliability and security goes up and their system integration and management costs go down.
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Press Release: Oracle Completes Acquisition of Sun - Click Here
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Live events: Oracle + Sun Welcome
Events - Click Here -
Webcast series: Oracle + Sun Product Strategy - Click Here
- Support: Support for Sun products - Click Here
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Oracle to buy Sun Microsystems
On April 20, 2009, Sun and Oracle announced a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt. The proposed transaction is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions. Until the deal closes, each company will continue to operate independently, and it is business as usual.
The acquisition combines best-in-class enterprise software and mission-critical computing systems. Oracle plans to engineer and deliver an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves. Customers benefit as their system integration costs go down while system performance, reliability and security go up.
Information for Customers:
Overview and Frequently Asked Questions - Click Here
Reuters Q&A with Larry Ellison on the
Acquisition of Sun - Click Here
Sun and Oracle Presentation - Click Here
What Customers Are Saying - Click Here
Sun Letter to Customers - Click Here
Oracle Letter to Customers - Click Here
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Sun's New Storage 7000 Range October 2008
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