Oracle completes acquisition of Sun software giant's foot hardware business
Source: Internet
Author: User
KeywordsOracle Bit NET open source database
Bit net (chinabyte) February 1 News January 29, Oracle announced the completion of the acquisition of Sun, the deal worth more than 7 billion dollars, the database and commercial software giants will enter the hardware market, and IBM, HP and so on a higher level. Support for MySQL development in order to consolidate the market position, Oracle has been frequent in recent years to initiate hostile mergers and acquisitions, sometimes encountering resistance from the authorities. EU competition authorities, for example, have long feared that the MySQL Open-source database software received by Oracle was in doubt after the acquisition of Sun. And more insiders blunt, Oracle acquisition Sun, will directly kill MySQL open source database software future. Earlier, many users feared Oracle would gradually eliminate MySQL because of clashes with Oracle's commercial database products. Because MySQL has a place in the database field with the idea and idea of open source, and to some extent, it poses a threat to Oracle. After the MySQL collection, the user's biggest concern is that Oracle will "freeze" it up. To this end, Oracle has to make limited concessions, in December 2009, Oracle made 10 specific commitments to support MySQL's follow-up development. Oracle said it would invest at least $72 million in the next 3 years to develop MySQL and continue to release the latest technology research and development results for the Open-source software. Allow other technology vendors to continue to authorize the use of MySQL in their respective products over the next 5 years. With IBM a higher level however, the European Commission January 21 finally approved Oracle to buy Sun case, ruled out the deal's obstacles. Oracle CEO Larry Ellison and other Oracle and Sun executives announced the details of the merger plan in Wednesday via Webcast (webcast). Scott McNealy, Sun chairman, who founded the company 28 years ago, wrote in A farewell memo: "I salute the greatest capitalist I have ever seen, Larry Ellison." Frankly speaking, this is not the letter my founder wanted to write. Sun, in my mind, should be the survival of the company to the whole and others. But I love the market economy and capitalism, more than I love my company. Oracle, after acquiring Sun, has a niche in servers, storage devices and computer processors, and will compete directly with more companies. Complicating matters is Oracle's supply of databases and other software to rival hardware rivals, such as IBM, the arch-rival, and companies such as HP, Cisco and EMC. Oracle's acquisition of Sun will pose a threat to past Oracle's partners in hardware such as servers, and even evolve from past cooperation to rivals, industry insiders say. Since announcing the Sun's plan last April, Oracle has been aggressively promoting integrated products, exempting customers from the hassle of consolidating software, hardware, or entrusting third party companies to their own.
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