Chris
01-16-2008, 03:41 PM
http://www.informationweek.com/news/showArticle.jhtml?articleID=205801187
As Sun Microsystems (NSDQ: JAVA) becomes the owner of MySQL, the pioneering open source database system, it plugs a hole that exists in the Sun software product line and moves the company toward becoming a supplier to Web 2.0 companies.
The company that pioneered the Java programming language said Wednesday 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.
As Sun Microsystems (NSDQ: JAVA) becomes the owner of MySQL, the pioneering open source database system, it plugs a hole that exists in the Sun software product line and moves the company toward becoming a supplier to Web 2.0 companies.
The company that pioneered the Java programming language said Wednesday 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.