March 18 (Reuters) - International Business Machines (IBM.N) is in talks to acquire Sun Microsystems JAVA.O, the Wall Street Journal said, citing people familiar with the matter.
IBM is likely to pay at least $6.5 billion in cash to acquire Sun, the people told the paper.
That would translate into a premium of about 100 percent over Sun’s closing price Tuesday of $4.97 a share on the Nasdaq, the paper said.
Sun is a maker of software and high-end computers.
(Reporting by S. John Tilak in Bangalore, editing by Will Waterman)
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