Oracle snaps up Sun Microsystems

Sun Microsystems – current owner of the popular open-source MySQL database engine – is getting gobbled up by database specialist Oracle.

In a move which is unlikely to get the approval of Monty Widenius, Oracle is getting its sweaty hands on Sun’s Java, MySQL, and Solaris operating system technologies in exchange for a whopping $7.4 billion (£4.78 billion).

As reported over on TechRadar yesterday, Oracle is looking to boost its Fusion Middleware offering – the company’s fastest growing business division – with the acquisition of Sun Microsystems. In a statement, Oracle said that the deal offered “substantial long-term strategic advantages” while describing Java as “the most important software Oracle has ever acquired.”

Read more: bit-tech.net