Sun completes MySQL acquisition in 6 weeks

Sun Microsystems has completed the acquisition of open-source database vendor MySQL for £500m, just six weeks after announcing the proposed deal.

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Sun Microsystems has completed the acquisition of open-source database vendor MySQL for £500m, just six weeks after announcing the proposed deal.

Sun CEO and President Jonathan Schwartz called the deal "the most important acquisition in Sun's history" and said it was completed in such a short time because of the enthusiasm within and synergies among the staffs of the two companies.

All of MySQL's products are now available through Sun's sales and support network, Schwartz said. "We'll work with the [MySQL open-source] community to scale MySQL to new heights of performance," he said. "The MySQL acquisition will accelerate Sun's business."

The MySQL acquisition was greeted with enthusiasm last month by many in the open-source community, who said they thought the deal would provide MySQL with more financial security and resources, and would help advance open-source software in enterprise systems.