Sun Microsystems To Acquire MySQL AB
Written by Michael Larabel in Oracle on 16 January 2008 at 08:01 PM EST. 2 Comments
If you were hoping to get in on the expected initial public offering (IPO) of MySQL AB, nice try but you're now out of luck. Sun Microsystems has today announced that they will be acquiring MySQL AB, the company behind the open-source MySQL database software. Sun will be putting up about $1 billion USD ($800 million in cash and the rest in stock options) for this purchase and was done to reaffirm "Sun's position at the center of the global Web economy." This news comes as a surprise to us and it will be interesting to see what comes as a result. Perhaps improved integration between Java and MySQL? The press release can be read at the Sun website.
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