Oracle gets DOJ approval to buy Sun Microsystems

August 20, 2009

(ChattahBox) — Oracle Corp. announced Thursday afternoon that the U.S. Department of Justice has cleared its proposed acquisition of Sun Microsystems.  Clearance by the Justice Department had been held up over questions about Oracle’s plans for licensing of  Sun’s Java,  that is one of the world’s most widely used computer languages.  This is just the first big hurdle, as the acquisition also requires approval by the European Commission, who may gave potential antitrust questions surrounding Sun’s MySQL database, an open-source product.

The European Commission has set a deadline of Sept. 3 to issues its decision on the matter, before the software giant can close the $7.4 billion deal.  Through Sun’s Solaris Server, Oracle will be able to package custom servers installed with their higher-profit database and business software much like IBM does. Plus Oracle gains access to thousands of existing Sun customers who may be running rival databases and apps software. In addition, Oracle gets ownership of the open-source MySQL database, which Sun acquired last year for $1 billion. Many thought Oracle’s recent spending spree might be over after acquiring and trying to assimilate Siebel, PeopleSoft and BEA Systems in the last few years.

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