This new just came out today, and while it isn't verified by either party from what I've read the rumors are growing. There is much overlap between the two companies, but at the same time each company has many well known offerings that have no competitor in the other's lineup. These two companies merging would be huge for me, as I use both company's tools on a daily basis (IBM's out of necessity and Sun's out of choice). While I'm very excited about this merger happening, I hope that the overlap between offerings ends up with the best product being offered instead of offering something just because it has more backing from the upper management, more market share, or some other lesser reason. At least in the case of many of Sun's better products they are open source, so those products aren't going anywhere.
No announcement yet.
IBM Buying Sun?