Sun Agrees to Acquire MySQL for $1 Billion

[mandy]

Sun Microsystems has announced plans to acquire MySQL, maker of the popular MySQL database system, for $1 billion. Sun -- long a proponent and developer of open source systems -- agreed to pay $800 million in cash and assume liability for $200 million in stock options. The deal likely won't be completed until the end of the fiscal year...

full article: http://ecommercetimes.com/story/Sun-Blaz...61237.html

[regic]

the two companies have already announced plans to integrate MySQL, OpenSolaris and GlassFish with Java to build a new Web applications platform.