Sun to Acquire MySQL
Sun Microsystems is to acquire database manufacturer MySQL at a purchasing price of around US$ 1 billion according to Sun.
Sun will be paying US$ 800 m in cash for MySQL shares and another US$ 200 m in share options. The transaction is scheduled for completion late in the third or early in the fourth quarter of Sun’s fiscal year 2008.
Marten Mickos, MySQL’s CEO, will be joining Sun’s management team. During the transition period a team of representatives from both companies will be handling the integration of the two companies with respect to technology, products and corporate culture.
Talking on Sun’s motivation for the acquisition, Sun’s CEO Jonathan Schwartz said: "Today’s acquisition reaffirms Sun’s position at the center of the global Web economy. Supporting our overall growth plan, acquiring MySQL amplifies our investments in the technologies demanded by those driving extreme growth and efficiency, from Internet media titans to the world’s largest traditional enterprises." A forecast by TechIQ late last year indicated excellent growth prospects for MySQL in 2008.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Systemd Fixes Bug While Facing New Challenger in GNU Shepherd
The systemd developers have fixed a really nasty bug amid the release of the new GNU Shepherd init system.
-
AlmaLinux 10.0 Beta Released
The AlmaLinux OS Foundation has announced the availability of AlmaLinux 10.0 Beta ("Purple Lion") for all supported devices with significant changes.
-
Gnome 47.2 Now Available
Gnome 47.2 is now available for general use but don't expect much in the way of newness, as this is all about improvements and bug fixes.
-
Latest Cinnamon Desktop Releases with a Bold New Look
Just in time for the holidays, the developer of the Cinnamon desktop has shipped a new release to help spice up your eggnog with new features and a new look.
-
Armbian 24.11 Released with Expanded Hardware Support
If you've been waiting for Armbian to support OrangePi 5 Max and Radxa ROCK 5B+, the wait is over.
-
SUSE Renames Several Products for Better Name Recognition
SUSE has been a very powerful player in the European market, but it knows it must branch out to gain serious traction. Will a name change do the trick?
-
ESET Discovers New Linux Malware
WolfsBane is an all-in-one malware that has hit the Linux operating system and includes a dropper, a launcher, and a backdoor.
-
New Linux Kernel Patch Allows Forcing a CPU Mitigation
Even when CPU mitigations can consume precious CPU cycles, it might not be a bad idea to allow users to enable them, even if your machine isn't vulnerable.
-
Red Hat Enterprise Linux 9.5 Released
Notify your friends, loved ones, and colleagues that the latest version of RHEL is available with plenty of enhancements.
-
Linux Sees Massive Performance Increase from a Single Line of Code
With one line of code, Intel was able to increase the performance of the Linux kernel by 4,000 percent.