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Jan16
Sun Microsystems buys MySQL in a $1 Billion Deal

It looks like today is the aquisition day and it started with Bea Systems bought by ORACLE, and later in a deal that is supposed to be somewhere near $1 billion plus "some" shares, Sun Microsystems (NASDAQ:JAVA)announced today that they bought MySQL. The deal will secure Sun's access to the world's most significant open source database in the world and a better image for MySQL in a market where Microsoft and ORACLE are big names.

sun_mysql_deal.jpg
Some time ago it was rumored that MySQL is going to be the hot IPO of 2008, but now that SUN bought it they plan to continue the database development for Mac OS X and Windows and should secure new deals with IBM, Dell and Intel.

The deal, if approved by the US Government, should be finished by the end of the third fiscal quarter or maybe the start of the fourth.

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