Sun Plans Bigger Acquisitions

[mazzy]

Network computer maker Sun Microsystems Inc. plans larger acquisitions than those it has made in the past, Chief Executive Scott McNealy said in the Sunday edition of El Pais.

California-based Sun Microsystems has more than $7.4 billion in cash and marketable securities, according to ratings agency Fitch.

"We have made some small purchases and we are going to make some bigger ones which generate more revenue," McNealy, who is also the firm's chairman, told the Spanish newspaper.

Last year Sun agreed to buy high-tech services company SevenSpace Inc for an undisclosed sum and technology start-up Kealia Inc.

Asked if personal computer maker Dell was a possible target, McNealy said: "We have no interest in buying Dell. We are very different.

"Dell is a distributor, its competitors are Wal-Mart, Amazon or eBay. We are not, our competitors are Intel, Microsoft and IBM."

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