Sun Microsystems Announces Agreement to Acquire MySQL, Developer of the World's Most Popular Open Source Database
Sun Growth Strategy Accelerates With New Position in $15 Billion Database Market
SANTA CLARA, CA January 16, 2008 Sun Microsystems, Inc. (NASDAQ: JAVA) 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.
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...Seems like Sun bouncing back. Sun has a complete portfolio from hardware to software. They have server, they have Solaris. They have office, they have Java, and now they have database. Complete solution end-to-end, you can get from Sun Microsystem. Seems like a great strategy for business. Hopefully they are in the right track...
