Another permutation to ponder; see the full article
While many are questioning the wisdom and validity of the purported IBM acquisition, the bigger question to ask is this: "Why isn't Cisco buying Sun?"
Cisco has made its intentions clear through its unified computing announcement that it wants in on the server market. And it's no secret that Cisco's road map will likely take it into storage next, and that would mean an expensive acquisition of either EMC or NetApp. So why not just bite down now and get deep into both servers and storage, as well as few other things, by picking up Sun?