Sun microsystems

Hardware company Sun Microsystems will be slashing 3,000 positions worldwide.

Cloud computing is all set to become the next gen service.

IBM's talks to acquire smaller computer and software rival Sun Microsystems Inc

Technology giant IBM is close to a deal to buy Sun Microsystems for about $7 bil

IBM cut its offer for Sun Microsystems Inc to $9.55 a share .

Dell Inc's chief executive Michael Dell said rumours of IBM possibly buying Sun