It's finally over, and we couldn't be happier. Not because we have any kind of vested interest in Oracle's takeover of Sun, but now that the acquisition is complete, we can stop following the rollercoaster ride and gain a sense of closure in a story we've been following for too long.
But as happy as we are, Oracle has to be thrilled to put this whole thing behind them, though you'd never know it from the company's ultra-brief press release (see here ).
Maybe's Oracle's just worn out, and who can blame them. After gaining quick approval from the U.S. Department of Justice for its proposed $7.4 billion takeover of Sun Microsystems, Oracle, an unstoppable force, ran into the European Union, an immovable object. What happened? Oracle stopped and the EU moved, but not before Oracle gave up a series of concessions dealing with Sun's free MySQL database software.
"My hat is off to one of the greatest capitalists I have ever met, Larry Ellison," Sun Chairman Scott McNealy said in a memo . "To be honest, this is not a note this founder wants to write. Sun, in my mind, should have been the great and surviving consolidator. But I love the market economy and capitalism more than I love my company."
So will Oracle make good on its promise not to treat its MySQL database like a red-headed stepchild? That's the only question that remains to be answered.