Oracle buys Sun -- may jettison MySQL
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Database giant Oracle has agreed to purchase Sun Microsystems in a deal worth $7.4 billion, according to a story in eWEEK. Oracle wants Sun more for its hardware than its software, and may choose to jettison Sun's open source offerings, including MySQL, says eWEEK. The $7.4 billion deal, or about $9.50 a share, is considerably more than the $6.5 billion that IBM had offered the struggling technology firm before talks broke down earlier this month, notes today's story by Nicholas Kolakowski in our sister publication eWEEK. Sun’s board of directors is said to have unanimously approved the transaction, which should close sometime this summer.
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