 | |
 | |
| Initiator | Oracle Corporation |
|---|---|
| Target | Sun Microsystems |
| Type | Full acquisition |
| Cost | $7.4 billion (value) $5.4 billion (net cash / debt) |
| Initiated | April 20, 2009 |
| Completed | January 27, 2010 |
The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010.[1] After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language.
Concerns about Sun's position as a competitor to Oracle were raised by antitrust regulators, open source advocates, customers, and employees over the acquisition.[2] The European Commission delayed the acquisition for several months over questions about Oracle's plans for MySQL, Sun's competitor to Oracle Database.[3] The DG COMP of the European Commission finally approved the takeover, apparently pressured by the U.S. DOJ Antitrust Division to do so, according to a diplomatic cable leaked in September 2011.[4]
- ^ "Oracle Completes Acquisition of Sun Microsystems". Associated Press. January 27, 2010. Retrieved November 18, 2013.
- ^ Letzing, John (9 November 2009). "Oracle plans to fight European regulator on Sun merger". MarketWatch. Retrieved 18 January 2021.
- ^ "European Commission - PRESS RELEASES - Press release - Mergers: Commission clears Oracle's proposed acquisition of Sun Microsystems". europa.eu. 21 January 2010. Retrieved 20 September 2017.
- ^ Dignan, Larry (August 30, 2011). "DOJ stumped for EU approval of Oracle-Sun deal". ZDNet. Archived from the original on May 16, 2018. Retrieved September 6, 2021.