DOJ Approves Oracle-Sun Deal
PrintOracle, which makes databases and other software, said the U.S. Department of Jusice has approved its plans to acquire Sun Microsystems for $7.4 billion.
The bid to acquire Sun was first announced in April and Sun shareholders approved the acquisition on July 16, but the deal has been in limbo following the DOJ's extended antitrust review. According to a lawyer for Oracle, the DOJ needed more time to review an issue about the way rights to Java are licensed, the Wall Street Journal reports.
With the DOJ no longer a roadblock, Oracle still faces a few more hurdles before the deal can go through. The acquisition is subject to certain conditions and also needs approval from European regulators, which said it will weigh in with an initial opinion in September.
Image Credit: noulakaz.net
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immersive
August 21, 2009 at 4:54pm
Since MySQL is under Sun what dose this mean for the open source database? I have used MySQL for a long time and love that database. Will Oracle keep it going or try to push it to the side? I do understand Oracle has other open source database solutions but thay are nothing like MySQL.
Oracle seems more complicated to me then MySQL dose yet the later dose its job and dose it well. Could this mean MySQL could possable become unuser friendly like Oracal? That is if it dose not get pushed to the side like green peas?
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