Oracle (ORCL) to buy Sun Microsystems (JAVA) for $7.4B, including $1.8B in debt assumption and $9.50 cash per share. "Oracle will be the only company that can engineer an integrated system - applications to disk - where all the pieces fit and work together so customers do not have to do it themselves," CEO Larry Ellison says in press release. ORCL -4.25% premarket. JAVA +27% to $8.50.