Sun Microsystems disclosed Friday that it paid $49 million in cash for SevenSpace, a company whose technology is expected to boost Sun's remote-monitoring and management services. The server and software company completed the acquisition in January but only disclosed the acquisition price in a Securities and Exchange Commission filing Friday.
Also in the filing, Sun lowered its reported net income for its most recent quarter. When the company first reported results in January for its quarter ended Dec. 26, Sun said its net income was $19 million. But additional accounting adjustments required the company to revise the figure to $18 million. Earnings per share weren't affected.
Google creates an animated doodle that features a boy, a girl, Google's search engine, and a jump rope. But might there be darker, more analytical, more troubling interpretations to this tale?
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EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
