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Update: Sun to Acquire MySQL

[ Thanks to Kim
G
for this link. ]

“Sun Microsystems, Inc. today announced it has entered into a
definitive agreement to acquire MySQL AB, an open source icon and
developer of one of the world’s fastest growing open source
databases for approximately $1 billion in total consideration. The
acquisition accelerates Sun’s position in enterprise IT to now
include the $15 billion database market. Today’s announcement
reaffirms Sun’s position as the leading provider of platforms for
the Web economy and its role as the largest commercial open source
contributor.

“With millions of global deployments including Facebook, Google,
Nokia, Baidu and China Mobile, MySQL will bring synergies to Sun
that will change the landscape of the software industry by driving
new adoption of MySQL’s open source database in more traditional
applications and enterprises. The integration with Sun will greatly
extend the commercial appeal of MySQL’s offerings and improve its
value proposition with the addition of Sun’s global services
organization. MySQL will also gain new distribution through Sun’s
channels including its OEM relationships with Intel, IBM and
Dell…”

Complete
Story

Related Links:

CNNMoney: Oracle, BEA Systems in $8.5B deal

The
Open Road: Excerpts from the Sun/MySQL Press Conference

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