Sun to Acquire MySQL for 1 Billion

Posted on Wednesday, January 16, 2008 @ 12:44:37 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.

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