NEW YORK (CNNMoney.com) -- If the term "serial acquirer" were actually in the dictionary, it would probably be accompanied by a picture of Oracle Chief Executive Officer Larry Ellison.
Oracle (ORCL, Fortune 500) announced Monday that it was going to buy struggling server and software firm Sun Microsystems (JAVA, Fortune 500) for $9.50 a share, a 42% premium to Friday's closing price for Sun. The deal, including Sun's cash and debt, is valued at $7.4 billion.
The Morning Email helps you start your workday with everything you need to know: breaking news, entertainment and a dash of fun. Learn more