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Sun spends $1b on MySQL

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Sun Microsystems has cemented its entry into the enterprise database domain with the $1-billion acquisition of MySQL AB, developer of one of the world's fastest growing open source databases.

The company says that 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, it adds, will greatly extend the commercial appeal of MySQL's offerings and improve its value proposition. 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 centre of the global Web economy," says Sun CEO and president, Jonathan Schwartz. "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. 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."
Marten Mickos, CEO of MySQL, says the deal represents enormous opportunity for all concerned.
"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," Mickos says. "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."