Sun to Acquire MySQL for 1 Billion

Posted on Wednesday, January 16, 2008 @ 13:44:37 PST in MySQL
by Raven

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.

Read the full article at Sun to Acquire MySQL
 
 
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