Oracle Corporation buys Sun Microsystems

Oracle acquired Sun today for a stock price of $9.50 per share in cash.

The transaction was made for $7.4 billion, or $5.6 billion net including Sun’s cash and debt.

Hopefully this acquisition goes in the positive direction. I’ve had issues with BEA WebLogic support after BEA was taken over by Oracle. Their support team is virtually non-existent now. WebLogic versions are barely being upgraded.

Looks like Oracle’s press release page has already been slashdotted.

Content Server Request Failed

Server is too busy to handle request.

Via Slashdot.

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2 thoughts on “Oracle Corporation buys Sun Microsystems

  1. Hmm…the rumors were circulating since a while now….hope it augurs well for the Java/Solaris etc community.

    BTW< I’ve read someplace abt Oracle Vs. MySQL war….whatz that abt?

  2. Hi YCR, I thought they were rumours too, until yesterday.

    In my opinion, the Oracle vs MySQL war doesn’t really make sense. A large percentage of of MySQL users are small corporations and individuals like me, and they may not be able to afford to pay huge licensing fees to Oracle. So most of the users are mutually exclusive.

    If Oracle crushes MySQL, it will lose a huge market share. They’ll probably rebrand it as “Oracle MySQL” and just continue with it.

    Quite a few people in the forums I visit, already said they would move to Postgre.

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