IBM and Sun broke off acquisition talks

International Business Machines Corp and Sun Microsystems Inc broke off talks aimed at a $7 billion acquisition, the Wall Street Journal reported on Sunday. A Sun Microsystems sign is pictured at the company's headquarters in Santa Clara, California March 18, 2009. Talks between IBM and Sun were on the brink of collapse, threatening to undermine a potential $7 billion acquisition, according to the newspaper. More updates to follow