"NetEase Science and Technology News" JULY 3 According to Reuters, sources said Oracle's acquisition of Sun Microsystems's deal will be presented to the EU this month, and accept the antitrust sector investigation.
Oracle is now the world's third-largest software manufacturer. The company announced in April this year that it bought sun at a price of 7 billion dollars, the world's fourth-largest computer terminal manufacturer and a developer of Java and Solaris two key software technologies. "Oracle's deal with Sun will be presented to the European Commission this month," the source told Reuters. ”
Last month, Oracle's takeover of Sun was not approved by U.S. antitrust authorities. The country's monopoly department said the information submitted by both parties on the Java license issue failed to meet regulatory requirements. "Oracle and Sun's deal information to the EU will include the contents of the Java license," the source said. ”
For the moment, Sun's Java is one of the most widely used computer languages in the world, and this is the main reason for Oracle's acquisition of Sun. Oracle's chief executive, Ellison, says he hopes to better integrate Java technology and use it on digital devices like smartphones and netbooks.
Oracle, a lawyer, said last month that he expects Oracle's acquisition of Sun's deal to be approved in a short time by U.S. antitrust authorities, a deal expected to be completed by August 31 this year.
According to the plan, the European Commission will use 25 working days to review the deal in the first phase after accepting the information submitted by Oracle, and the European Commission has the power to extend the term to 90 working days if it is necessary to conduct a more in-depth investigation. Currently, the European Commission is the EU's main antitrust regulator, which oversees mergers and acquisitions involving 27 European Union members and has the right to approve, modify or veto any transaction.
Some antitrust experts say Oracle's takeover deal with Sun does not have a serious antitrust problem because there is no close correlation between the two companies ' products. Also in 2004, Oracle's takeover of rival PeopleSoft was successfully approved by the European Commission.