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« European Commission Settles Browser Dispute with Microsoft | Main | Neon sues IBM over ‘anticompetitive’ Mainframe Tactics »
Tuesday
Dec152009

Oracle makes concessions in Sun Microsystems Bid

DateDecember 15, 2009

European regulators appeared ready on Monday to clear the way for Oracle’s $7.4 billion acquisition of Sun Microsystems after Oracle agreed to a series of concessions to allay antitrust concerns.

The European Commission said it was “optimistic” that the deal between the two California companies would no longer pose a threat to the European market for database software. Last month, the commission threatened to block the deal.The turnabout came after Oracle, the world’s largest vendor of database programs, agreed to preserve the viability of MySQL, a free, widely used open-source database application that it would acquire in the deal for Sun.

Click here to read the EU press release.

Click here to read the NY Times article.

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