The merger is facing trouble because of concerns that Oracle might be able to eliminate Sun's MySQL database product as a competitor.
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Saturday, January 2, 2010
Oracle, Sun merger:
Oracle and Sun announced in April 2009 a deal in which Oracle would acquire Sun common stock for $9.50 per share in cash, putting the value of the transaction at about $7.4 billion. Though the US Department of Justice recently cleared the merger, the European Commission could delay its decision on the Sun-Oracle deal beyond the stipulated deadline to further investigate anti-trust issues.
The merger is facing trouble because of concerns that Oracle might be able to eliminate Sun's MySQL database product as a competitor.
The merger is facing trouble because of concerns that Oracle might be able to eliminate Sun's MySQL database product as a competitor.
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