source database

Sun Microsystems Inc. agreed to acquire MySQL AB, developers of open source databases for about $1 billion -- about $800 million in cash in exchange for all MySQL stock and to assume about $200 million in options. The transaction is reportedly ... expected to close late in the third quarter or early in the fourth quarter of this year. Sun Microsystems Inc., based in Santa Clara, CA said the acquisition accelerates its position in enterprise IT to now include the database market, saying MySQL "will bring synergies to Sun that will change the landscape of the software industry by driving new ... (view more)