TITLE

Sun Snares Open-Source Firm for $1B

AUTHOR(S)
Schachter, Ken
PUB. DATE
January 2008
SOURCE
Red Herring;1/16/2008, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Sun Microsystems to acquire Swedish open-source database company MySQL for $1 billion. Some of the Internet players that have signed up as clients of MySQL include search engine Google, social networker Facebook and portal Yahoo as well as traditional corporate customers like Southwest Airlines, China Mobile, and Deutsche Telekom. The acquisition has derailed the expected initial public offering by MySQL. Sun Chief Executive Officer (CEO) Jonathan Schwartz explains the significance of the acquisition.
ACCESSION #
36962015

 

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