From Our Desk

Oracle Buys Sun

It is official. After IBM negotiations collapsed, Oracle buys Sun. Lot of speculations around there regarding the future of Java,MySQL and other open source projects hosted or initiated by Sun. Let’s see what happen next.

Below is an excerpt of Oracle official web site:

On April 20, 2009, Oracle announced it has entered into an agreement to acquire Sun Microsystems (Sun). The proposed transaction is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions. Until the deal closes, each company will continue to operate independently, and it is business as usual.

The acquisition combines best-in-class enterprise software and mission-critical computing systems. Oracle plans to engineer and deliver an integrated system—applications to disk—where all the pieces fit and work together so customers do not have to do it themselves. Customers benefit as their system integration costs go down while system performance, reliability and security go up.