Tuesday, September 22, 2009

Sun Micro losing $100 million a month, Ellison says - Yahoo! News

No doubt the regulators will find a way to fine Oracle for complaining about the delay

Oracle Corp (ORCL.O) Chief Executive Larry Ellison said Sun Microsystems Inc (JAVA.O) is losing about $100 million a month as European regulators delay approving his company's $7 billion purchase of the struggling hardware maker.

"The longer this takes, the more money Sun is going to lose," Ellison said on Monday evening during a dinner at one of Silicon Valley's most prominent speaker's forums, the Churchill Club.

Sun Micro losing $100 million a month, Ellison says - Yahoo! News

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