OStatic

According to the New York Times and Bloomberg, IBM's purchase of Sun Microsystems is imminent. The official announcement and terms of the acquisition will most likely be made public on Monday, but a late in the day announcement hasn't been ruled out. It's estimated that the purchase will cost IBM nearly $7 billion.

There's been much speculation and discussion both here at OStatic and elsewhere about what this means for Sun and its open source projects.

As news of a possible IBM acquisition of Sun Microsystems is settling in, it's interesting to see how many different perspectives are appearing. Yesterday, we provided our analysis here, and here. GigaOm also had an unusual and interesting piece of analysis, concluding that the best suitor for Sun would be Cisco, not IBM. The more I think about this possible deal, the more I'm convinced that it's all about software, with Java possibly representing a key brass ring for IBM.

The Wall Street Journal is reporting that IBM is currently in talks to purchase Sun Microsystems. The acquisition is not a foregone conclusion, due in part to the very different corporate cultures in the companies. Some believe this tension will ultimately help both companies succeed, if they can just get through the talks.

The acquisition could take place as early as this week, and it is speculated that IBM could pay over $6.5 billion for Sun. Sun's recent financials have been more than a little disappointing, and this purchase would take a toll on IBM's profits in the short term. Business isn't solely about the short term, however, and I can't help but agree with the WSJ, CNet's Matt Asay, and at least a few of those involved in the talks that this acquisition would be a positive one for IBM, Sun, and open source in general.