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Article

Oracle Completes Sun Acquisition

The U.S. Justice Department approved the $7.4 billion deal in August
By Maureen O'Gara
Article Rating:
January 27, 2010 06:00 PM EST
Reads:
 1,890

Oracle Keynote at Cloud Expo

Oracle said this morning that it had finally completed its acquisition of Sun, leaving local entities to shift for them according to local laws and sidestepping MySQL creator Monty Widenius' hopes that Russian and Chinese regulators could stall the merger.

Widenius will now presumably revert to his quixotic Plan B and appeal the European Commission's week-old clearance of the deal after its prolonged four-and-a-half month investigation that looked dicey there for a while.

The U.S. Justice Department approved the $7.4 billion deal in August.

Oracle and Sun came to terms in April.

Published January 27, 2010 – Reads 1,890
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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