Oracle gets European green light in Sun acquisition

Print Friendly, PDF & Email

Today Oracle announced that the European Union has cleared the way for Oracle to acquire Sun, following a three month investigation during with Sun hemorrhaged cash and ignited speculation that the deal might be scuttled. From coverage at InformationWeek

“I am now satisfied that competition and innovation will be preserved on all the markets concerned,” said EU competition commissioner Neelie Kroes, in a statement. “Oracle’s acquisition of Sun has the potential to revitalize important assets and create new and innovative products,” said Kroes.

You may recall that MySQL was the point sticking in the EU’s craw. Its seems that the EU has found PostgreSQL and likes what it found

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 wouldn’t scotch users’ access to Sun’s Java development platform.