"MySQL's employees and culture, along with its near ubiquity across the Web, make it an ideal fit with Sun's open approach to network innovation," said Sun's CEO and president, Jonathan Schwartz (pictured left), as Sun today announced it has entered into a definitive agreement to acquire MySQL AB, the open source icon and developer of one of the world's fastest growing open source databases for approximately $1 billion in total consideration.
"The combination of MySQL and Sun represents an enormous opportunity for users and organizations of all sizes seeking innovation, growth and choice," said Marten Mickos, CEO, MySQL (pictured right). "Sun's culture and business model complements MySQL's own by sharing the same ideals that we have had since our foundation -- software freedom, online innovation and community and partner participation. We are tremendously excited to work with Sun and the millions of members of the MySQL open source ecosystem to continue to deliver the best database for powering the modern Web economy."
MySQL's open source database is the "M" in LAMP - the software platform comprised of Linux, Apache, MySQL and PHP/Perl often viewed as the foundation of the Internet. Sun is committed to enhancing and optimizing the LAMP stack on GNU/Linux and Microsoft Windows along with OpenSolaris and MAC OS X. The database from MySQL, OpenSolaris and GlassFish, together with Sun's Java platform and NetBeans communities, will create a powerful Web application platform across a wide range of customers shifting their applications to the Web.
More than 100 million copies of MySQL's high-performance open source database software have been downloaded and distributed and an additional 50,000 copies are downloaded daily. This broad penetration coupled with MySQL's strength in Web 2.0, Software as a Service (SaaS), enterprise, telecom and the OEM embedded market make it an important fit for Sun. With MySQL, Sun will have the ability to deepen its existing customer relationships and create new opportunities with companies seeking the flexibility and ease-of-use of open source systems.
Following completion of the proposed transaction, MySQL will be integrated into Sun's Software, Sales and Service organizations and the company's CEO, Marten Mickos, will be joining Sun's senior executive leadership team. In the interim, a joint team with representatives from both companies will develop integration plans that build upon the technical, product and cultural synergies and the best business and product development practices of both companies. MySQL is headquartered in Cupertino, CA and Uppsala, Sweden and has 400 employees in 25 countries.
As part of the transaction, Sun will pay approximately $800 million in cash in exchange for all MySQL stock and assume approximately $200 million in options. The transaction is expected to close in late Q3 or early Q4 of Sun's fiscal 2008. Completion of the transaction is subject to regulatory approval and other customary closing conditions. The deal is expected to be accretive to FY10 operating income on a GAAP basis.
With millions of global deployments including Facebook, Google, Nokia, Baidu and China Mobile, MySQL will bring synergies to Sun that will change the landscape of the software industry by driving new adoption of MySQL's open source database in more traditional applications and enterprises. The integration with Sun will greatly extend the commercial appeal of MySQL's offerings and improve its value proposition with the addition of Sun's global services organization. MySQL will also gain new distribution through Sun's channels including its OEM relationships with Intel, IBM and Dell.
"Today's acquisition reaffirms Sun's position at the center of the global Web economy. Supporting our overall growth plan, acquiring MySQL amplifies our investments in the technologies demanded by those driving extreme growth and efficiency, from Internet media titans to the world's largest traditional enterprises," said Schwartz.
About Java News Desk JDJ News Desk monitors the world of Java to present IT professionals with updates on technology advances, business trends, new products and standards in the Java and i-technology space.
ClarifyJoe wrote: Isn't
Tim O'Reilly still of the
board of MySQL? Will he
become a board member of
Sun??
It's only taken Borland
two years but it's
finally dumped its
CodeGear tools division,
responsible for Borland's
hereditary JBuilder,
Delphi and C++ Builder
lines as well as its new
web ventures into PHP and
Ruby, said to be used by
7.5 million developers.
Embarcadero Technologies
is b
According to Sean Walsh,
President and CEO of
Skyway Software, 'Our
Skyway Community is
thriving and our members
are very talented. We
truly look forward to
their RIAs submittals and
Skyway Builder extensions
and are excited that all
of the contributions will
benefit the entire Skyway
Skyway Software announced
a strategic partnership
with SpringSource. In
this technology
partnership, Skyway
Software becomes an
application-delivery ISV
certified by SpringSource
and integrates Spring
into Skyway Visual
Perspectives, its
end-to-end application
development and delivery
Brian Stevens, the Chief
Technology Officer and
Vice President of
Engineering of Red Hat,
delivered his
Virtualization Keynote
'The Future of the
Virtual Enterprise' at
SYS-CON's Virtualization
Conference & Expo 2007
West in San Francisco.
'Virtualization is the
hottest subject today,
From Application
Virtualization to Xen, a
round-up of the
virtualization themes &
topics being discussed in
NYC June 23-24, 2008 by
the world-class speaker
faculty at the 3rd
International
Virtualization Conference
& Expo being held by
SYS-CON Events in The
Roosevelt Hotel, in
midtown
Red Hat is a trusted
open source provider.
Red Hat offers enterprise
customers a long-term
plan for building
infrastructures on the
quality and innovation of
open source. Combining
open source operating
system platform, Red Hat
Enterprise Linux,
together with
applications, management
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It's only taken Borland
two years but it's
finally dumped its
CodeGear tools division,
responsible for Borland's
hereditary JBuilder,
Delphi and C++ Builder
lines as well as its new
web ventures into PHP and
Ruby, said to be used by
7.5 million developers.
Embarcadero Technologies
is b
According to Sean Walsh,
President and CEO of
Skyway Software, 'Our
Skyway Community is
thriving and our members
are very talented. We
truly look forward to
their RIAs submittals and
Skyway Builder extensions
and are excited that all
of the contributions will
benefit the entire Skyway 
Brian Stevens, the Chief
Technology Officer and
Vice President of
Engineering of Red Hat,
delivered his
Virtualization Keynote
'The Future of the
Virtual Enterprise' at
SYS-CON's Virtualization
Conference & Expo 2007
West in San Francisco.
'Virtualization is the
hottest subject today,
From Application
Virtualization to Xen, a
round-up of the
virtualization themes &
topics being discussed in
NYC June 23-24, 2008 by
the world-class speaker
faculty at the 3rd
International
Virtualization Conference
& Expo being held by
SYS-CON Events in The
Roosevelt Hotel, in
midtown 
Red Hat is a trusted
open source provider.
Red Hat offers enterprise
customers a long-term
plan for building
infrastructures on the
quality and innovation of
open source. Combining
open source operating
system platform, Red Hat
Enterprise Linux,
together with
applications, management
