14 DAY TRIAL // Sun Microsystems today announced that it will purchase MySQL AB, the developing company of the fastest growing open source database solution for approximately $1 billion.
Thanks to the integration with Sun, the commercial appeal of MySQL's offerings will greatly increase. Through Sun's channels MySQL will gain new distribution, including Sun's OEM relationships with Intel, IBM and Dell.
Jonathan Schwartz, CEO and president at Sun Microsystems stated: "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. 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 at MySQL, added: "The combination of MySQL and Sun represents an enormous opportunity for users and organizations of all sizes seeking innovation, growth and choiceSun'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."
The MySQL's database is deployed all over the world, on all major operating systems, hardware vendors and application types. The new product line-ups will bring new markets for Sun's systems, virtualization, middleware and storage platforms.
Marten Mickos will join Sun's senior executive leadership team when the transaction is completed. This is expected to close by the end of this year.