Is IBM acquiring SUN ?

Yes , Sun Microsystems is not going to be taken over !!! Goodness me !!! 

The breakdown of talks to acquire Sun Microsystems Inc. won't significantly set back IBM position in its hardware, software or services markets, though a deal would have given it useful technologies.Talks had been going on for several weeks and the deal was initially pegged at close to $8 billion.

The deal would have brought IBM a host of assets, including significantly bulking up its presence in high-end servers used at corporate data farms and brought its share of the market to 42% from 32%, according to IT research firm IDC. It also would have given IBM intellectual property, such as Java, that could be used to further the company's ambition of becoming a player in cloud computing, the growing practice of selling computing power to customers via the Internet.

IBM, which posted annual sales of $103.6 billion, will remain one of the IT industry's biggest players with or without Sun.