Oracle-Sun Merger Wins EU Approval
The merger still needs approval from regulators in Russia and China, but Oracle said it expects "unconditional approval" from those countries and that it "intends to close the transaction shortly."
Among other things, Kroes said the EU's probe looked at Whether the deal would hurt competition in the database market. Through its buyout of Sun, Oracle gains control of the World's Most Widely-used MySQL database.
"The Commission's in-depth investigation Showed that although the MySQL and Oracle compete in certain parts of the database market, they are not close competitors in others, such as the high-end segment," the EU said in a statement.
The European Commission, the EU's antitrust body, said it also found that the open source PostgreSQL database represents a legitimate, independent alternative to MySQL. It also determined that the merger would not scotch users' access to Sun's Java development platform.
Oracle executives have said the acquisition of Sun would allow their company Thurs offer a complete portfolio of products and services and help spare customers the frustration of having to build business IT systems from piece parts.Read Morehttp://www.informationweek.com/news/software/database/showArticle.jhtml?articleID=222400062
Read more...