Sun Microsystems Acquiring MySQL For $1 Billion
“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,” stated Jonathan Schwartz, CEO and President at Sun Microsystems. “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. And most importantly, this announcement boosts our investments into the communities at the heart of innovation on the Internet and of enterprises that rely on technology as a competitive weapon.”
Sun Microsystems, Inc. (NASDAQ:JAVA) announced that they have reached a definitive agreement to acquire MySQL ABÂ for $1 billion.Â MySQL AB is an open source database company that many of today’s biggest websites use, Facebook and YouTube included.Â All the top blogs use MySQL as well including Pulse 2.0, TechCrunch, Mashable, GigaOM, etc.Â The software thatÂ Google uses to power AdWords, the company’s biggest revenue source, depends on MySQL.
Sun’s goal for MySQL is to spread it among more of an enterprise environment through Sun’s relationships with Intel, IBM, and Dell.Â LAMP, the software mash-up of Linux, Apache, MySQL, and PHP/Perl is also very commonly used to create dynamic web sites.Â MySQL’s open source database software has been downloaded over 100 million times.Â The software gets about 50,000 downloads per day as well.
MySQL will be integrated into Sun Microsystem’s Software, Sales, and Service organization.Â Marten Miickos, CEO of MySQL will join Sun’s senior exec. leadership team as well.
“The combination of MySQL and Sun represents an enormous opportunity for users and organizations of all sizes seeking innovation, growth and choice,” stated Mickos. “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.”
[Information Source: MySQL press release]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry