Archive for January 17, 2008

Sun to acquire MySQL for US$1 Billion

Posted: January 17, 2008 in Tech

Sun Microsystems, Inc. announced it has entered into a definitive agreement to acquire MySQL AB, an open source icon and developer of one of the world’s fastest growing open source databases for approximately $1 billion in total consideration.

The acquisition accelerates Sun’s position in enterprise IT to now include the $15 billion database market. Today’s announcement reaffirms Sun’s position as the leading provider of platforms for the Web economy and its role as the largest commercial open source contributor.

With millions of global deployments including Facebook, Google, Nokia, Baidu and China Mobile, MySQL will bring synergies to Sun that will change the landscape of the software industry by driving new adoption of MySQL’s open source database in more traditional applications and enterprises.

The integration with Sun will greatly extend the commercial appeal of MySQL’s offerings and improve its value proposition with the addition of Sun’s global services organization. MySQL will also gain new distribution through Sun’s channels including its OEM relationships with Intel, IBM and Dell.

Following completion of the proposed transaction, MySQL will be integrated into Sun’s Software, Sales and Service organizations and the company’s CEO, Marten Mickos, will be joining Sun’s senior executive leadership team. In the interim, a joint team with representatives from both companies will develop integration plans that build upon the technical, product and cultural synergies and the best business and product development practices of both companies.

Microsoft Corp. has issued a security advisory warning of a vulnerability that lies within older versions of the Excel spreadsheet program.

The flaw in Excel enables an attacker to take control of a PC through a malicious Excel document. In addition, the flaw may also let remote code be executed on a PC, putting a user’s personal data in jeopardy.

The affected versions include Microsoft Office Excel 2003 Service Pack 2, Microsoft Office Excel Viewer 2003, Microsoft Office Excel 2002, Microsoft Office Excel 2000, and Microsoft Excel 2004 for Mac.

Oracle announced that it has entered into an agreement to acquire BEA Systems, Inc., a leading provider of enterprise application infrastructure solutions. The proposed transaction is subject to closing conditions, including regulatory, shareholder and other approvals. Until the deal closes, each company will continue to operate independently, and it is business as usual.

The offer values the company at about $8.5 billion, or $7.2 billion net of BEA’s cash on hand of $1.3 billion. The transaction, which has been unanimously approved by the Board of Directors of BEA, is expected to close by mid-2008, subject to BEA stockholder approval, certain regulatory approvals and customary closing conditions.

The addition of BEA is expected to accelerate innovation by bringing together two companies with a common vision of a modern service-oriented architecture (SOA) infrastructure and will further increase the value that Oracle delivers to its customers and partners.