BROMMA, SWEDEN -- Micronic Laser Systems will acquire Mydata Automation in a stock-based deal. The combined company will have annual revenues of approximately SEK 1.2 billion ($140 million) and 640 employees.
REDWOOD SHORES, CA -- Oracle is breaking into the equipment business in a big way, agreeing to buy Sun Microsystems in a $7.4 billion deal. Closing is expected this summer.