Sun Microsystems announced last week that it will acquire MySQL in a US$1 billion deal. Ending speculation that MySQL would be a candidate for an IPO this year, the MySQL team has instead accepted $800 million in cash and $200 million in options. MySQL CEO Marten Mikos will join Sun's executive teamand the company he heads will be folded into Sun's operations when the transaction concludes in the third or fourth quarter. This is a fairly big deal--not because of the dollars involved, but because of the pairing of the two companies.
As the two companies merge operations, there will be some morphing and changes as the dust settles; at the moment, no one seems able to cite a clear downside to this development. Expect to see new or modified offerings or bundles, but none of this is likely to be earth shattering.
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