Oracle tried to buy open-source MySQL

SAN FRANCISCO–Oracle tried to acquire open-source database maker MySQL, an indication of the profound changes the software giant is willing to make as it adapts to the increasingly significant collaborative programming philosophy.

MySQL Chief Executive Marten Mickos confirmed the acquisition attempt in an interview at the Open Source Business Conference here but wouldn’t provide details such as when the approach was made or how much money Oracle offered.

He did, however, say why he turned down Oracle’s offer: the desire to keep his company’s independence. “We will be part of a larger company, but it will be called MySQL,” Mickos said.

Oracle didn’t immediately comment on the acquisition offer.

Though it is increasingly diversified, Oracle’s primary business is selling its own proprietary database software. MySQL, in contrast, is a leader among several companies trying to commercialize rival open-source products.

The acquisition would have been a smart move for Oracle, said Redmonk analyst Stephen O’Grady.

“It all comes back to the question of cannibalizing an existing business,” O’Grady said. “If you determine that to some extent it’s inevitable, wouldn’t you prefer that you do it, instead of your competitors?”

Full article: CNET News.com