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Sun-Oracle Merger Delayed by EU

Sep 03, 2009, 20:29 (0 Talkback[s])
(Other stories by Paul Shread)

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"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."

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