Sun-Oracle Merger Delayed by EU

[ Thanks to Paul Shread for this link. ]

"The European Union today delayed the merger of Sun and Oracle (NASDAQ: ORCL) on concern about competition in the database market. The EU Competition Commission set a Jan. 19 deadline for a decision.

"Oracle owns nearly half of the $19 billion database market, while Sun's open source MySQL generates only about $300 million in sales, according to Reuters and Gartner."

Complete Story

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