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.
Issue 268/2023
Buy this issue as a PDF
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Find SysAdmin Jobs
News
-
KDE Plasma 5.27 Beta is Ready for Testing
The latest beta iteration of the KDE Plasma desktop is now available and includes some important additions and fixes.
-
Netrunner OS 23 Is Now Available
The latest version of this Linux distribution is now based on Debian Bullseye and is ready for installation and finally hits the KDE 5.20 branch of the desktop.
-
New Linux Distribution Built for Gamers
With a Gnome desktop that offers different layouts and a custom kernel, PikaOS is a great option for gamers of all types.
-
System76 Beefs Up Popular Pangolin Laptop
The darling of open-source-powered laptops and desktops will soon drop a new AMD Ryzen 7-powered version of their popular Pangolin laptop.
-
Nobara Project Is a Modified Version of Fedora with User-Friendly Fixes
If you're looking for a version of Fedora that includes third-party and proprietary packages, look no further than the Nobara Project.
-
Gnome 44 Now Has a Release Date
Gnome 44 will be officially released on March 22, 2023.
-
Nitrux 2.6 Available with Kernel 6.1 and a Major Change
The developers of Nitrux have officially released version 2.6 of their Linux distribution with plenty of new features to excite users.
-
Vanilla OS Initial Release Is Now Available
A stock GNOME experience with on-demand immutability finally sees its first production release.
-
Critical Linux Vulnerability Found to Impact SMB Servers
A Linux vulnerability with a CVSS score of 10 has been found to affect SMB servers and can lead to remote code execution.
-
Linux Mint 21.1 Now Available with Plenty of Look and Feel Changes
Vera has arrived and although it is still using kernel 5.15, there are plenty of improvements sure to please everyone.