Examining one of the largest tech mergers in recent memory, regulators for the European Union have set Dec. 10 as the date of a hearing on the acquisition of Sun Microsystems (JAVA) by Oracle Corp.. Announced in April, the $7.1 billion purchase would give Oracle, the world’s No. 3 software company, new reach into computer hardware as well as the MySQL database and control of the Java programming language.
The EU has objected to a possible monopoly, or duopoly, in the database software market if the deal goes through. The primary competitor to MySQL is SQL Server, from Microsoft (MSFT).
“Oracle will present to European Union regulators on Dec. 10 its case for buying … Sun,” reported Reuters, citing “two people with knowledge of the matter.”
The acquisition of Sun would also give Oracle, which has announced its intention to become a major provider of on-demand software-as-a-service, new networking muscle. A venerable maker of “Big Iron” computing equipment, Sun had been moving toward a lower-cost, lower-risk cloud computing model before poor results drove it into a sale.
The Justice Department approved the deal in August. Winning EU approval will likely be tougher.
@SamsungMobile Unfolds the #GalaxyFold Fold at Unpacked, Adds #5G phone and #WiFi6 at #Unpacked2019 goo.gl/fb/W9B9Fz
February 22 2019 @ 21:34:52 UTC
.@MNJTechnologies and @MomentumTelecom made this week's list of most read stories. See who else made the list. goo.gl/fb/tLXktc
February 22 2019 @ 20:00:55 UTC
4 Reasons a Small Business Should Avoid Borrowing goo.gl/fb/2CKmQT #businessstrategy #opinions #channelpartnersinsights
February 22 2019 @ 17:19:51 UTC
.@AireSpring hires former @CenturyLink @MegaPath execs as regional #channelmanagers. #cloud #SDWAN goo.gl/fb/1nEQSQ
February 21 2019 @ 17:45:02 UTC
.@BCNTelecom1 expands its agreement with a long-time partner. goo.gl/fb/S25Sjj
February 21 2019 @ 02:23:04 UTC
RT @Channel_Expo: We're proud to announce AT&T as our Official Security Sponsor! Meet with them at #CPEXPO at booth 531 >> https://t.co/uT…
February 20 2019 @ 21:19:29 UTC
.@MomentumTelecom acquiring Metro Optical to expand portfolio. #UCaaS #SDWAN goo.gl/fb/16EkGM
February 20 2019 @ 21:10:12 UTC
What led to @MNJTechnologies winning over a customer from a major carrier? It wasn't just cost. goo.gl/fb/Zt3swJ
February 19 2019 @ 23:50:48 UTC