Wednesday, October 01, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Previews Windows 10
Google Offers Unlimited Cloud Storage To Students
Gionee Announced The World's Thinnest Smartphone
MPEG LA Rolls Out HEVC License
PayPal To Become An Independent Publicly Traded Company in 2015
AMD To Showcase ARM Cortex-A57-Based Hadoop on Opteron Processors
SanDisk Introduces New X300 SSD And Client SSD Upgrade Service For Corporate Environments
TSMC and ARM Announce 16nm FinFET Silicon with 64-bit ARM big.LITTLE Technology
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > PC Parts > Sun Mic...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 17, 2008
Sun Microsystems to Acquire MySQL For $1 Billion


Sun Microsystems announced it has entered into a definitive agreement to acquire MySQL AB for approximately $1 billion in total consideration.

The acquisition accelerates Sun's position in enterprise IT to now include the $15 billion database market.

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.

MySQL's open source database is widely deployed across all major operating systems, hardware vendors, geographies, industries and application types.

"The combination of MySQL and Sun represents an enormous opportunity for users and organizations of all sizes seeking innovation, growth and choice," said Marten Mickos, CEO, MySQL. "Sun's culture and business model complements MySQL's own by sharing the same ideals that we have had since our foundation -- software freedom, online innovation and community and partner participation. We are tremendously excited to work with Sun and the millions of members of the MySQL open source ecosystem to continue to deliver the best database for powering the modern Web economy."

MySQL's open source database is the "M" in LAMP - the software platform comprised of Linux, Apache, MySQL and PHP/Perl often viewed as the foundation of the Internet. Sun said that it would enhance and optimize the LAMP stack on GNU/Linux and Microsoft Windows along with OpenSolaris and MAC OS X.

Following completion of the proposed transaction, MySQL will be integrated into Sun's Software, Sales and Service organizations and the company's CEO, Marten Mickos, will be joining Sun's senior executive leadership team.

As part of the transaction, Sun will pay approximately $800 million in cash in exchange for all MySQL stock and assume approximately $200 million in options. The transaction is expected to close in late Q3 or early Q4 of Sun's fiscal 2008. Completion of the transaction is subject to regulatory approval and other customary closing conditions. The deal is expected to be accretive to FY10 operating income on a GAAP basis.


Previous
Next
Oracle Buys BEA For $8.5 Billion        All News        Matsushita and Renesas in Chip Development Deal
Oracle Buys BEA For $8.5 Billion     PC Parts News      Matsushita and Renesas in Chip Development Deal

Get RSS feed Easy Print E-Mail this Message

Related News
IBM to buy Sun Microsystems?
Sun Microsystems, TSMC in Chip Making Deal
Sun Launches New Video Delivery OverIP Platform
Sun Microsystems Unveils Portable Data Center
Sun Microsystems' CEO Quits
Sun Announces New Generation of Processors
Sun Micro Announces Open-source DRM Project
Sun to Publish Software Source Code
Sun and EMC Collaborate on Hardware, Software and Support
Sun Publishes Solaris Source Code
New Java spec published
IDC: Server market hits $11.5 billion

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .