Insights and thoughts about data and IT-related concepts. http://www.infoadvisors.com/Home/tabid/36/BlogId/1/Default.aspx en-US website@infoadvisors.com karen@Infoadvisors.com Fri, 25 Jul 2008 01:14:50 GMT Fri, 25 Jul 2008 01:14:50 GMT http://backend.userland.com/rss Blog RSS Generator Version 3.4.0.39853 <h2><span class="txt"> <p style="background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 12pt;" class="MsoNormal">Sun Acquires Open Source Developer</p> </span></h2> <p><span class="txt"> <p style="background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 12pt;" class="MsoNormal">From <a target="_blank" href="http://www.channelinsider.com/c/a/News/Sun-Acquires-MySQL-for-1-Billion/?sp=0&kc=HOTTOPICS011708STR1">Channel Insider</a></p> </span></p> <p> </p> <h2><span class="txt"> </span></h2> <blockquote><span class="txt"> <p style="background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 12pt;" class="MsoNormal"><span style="font-size: 10pt; font-family: 'Verdana','sans-serif';">NEW YORK (Reuters)—Sun Microsystems Inc said on Wednesday it will buy open source developer MySQL AB for about $1 billion, allowing it to expand into an estimated $15 billion database market.</span></p> </span><span style="font-size: 10pt; font-family: 'Verdana','sans-serif';">Sun also reported preliminary results for its fiscal second quarter, saying it expected higher revenue and profit compared with the year-earlier period.</span><span class="txt"> <p style="background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 12pt;" class="MsoNormal"><span style="font-size: 10pt; font-family: 'Verdana','sans-serif';">Sun said it will pay about $800 million in cash in exchange for all of MySQL stock and assume about $200 million in options as part of the deal.</span></p> <p style="background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 12pt;" class="MsoNormal"><span style="font-size: 10pt; font-family: 'Verdana','sans-serif';">The company said MySQL's open source database is widely used across operating systems, hardware vendors and applications, and are expected to bring new markets for Sun's systems, middleware and other technologies.</span></p> </span></blockquote> http://www.infoadvisors.com/Home/tabid/36/EntryID/154/Default.aspx website@infoadvisors.com http://www.infoadvisors.com/Home/tabid/36/EntryID/154/Default.aspx#Comments http://www.infoadvisors.com/Default.aspx?tabid=36&EntryID=154 Thu, 17 Jan 2008 22:13:57 GMT 0 http://www.infoadvisors.com/DesktopModules/Blog/Trackback.aspx?id=154