Three years later, has Oracle's Sun buy paid off?

Cash flow has far exceeded purchase price, according to Oracle President Mark Hurd, but an investment researcher remains doubtful

Oracle may have had its hands full lately dealing with Java security issues, but the company's acquisition of Java founder Sun Microsystems three years ago this month still has paid off, company President Mark Hurd said. An investment research firm, though, still has listed Oracle's Sun acquisition as reason to sell off Oracle stock.

Asked during a teleconference Monday afternoon whether the $7.4 acquisition had paid for itself, Hurd responded, "Yes -- materially so." Cash flow from the deal, he said, "has far exceeded the purchase price of the acquisition."

[ALSO: HP could have joined Oracle on Sun deal ]

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