Oracle-Sun Buy: EU’s approval is unconditional
Filed under: News
Back in September we heard that the European Union were investigating Oracle’s proposed takeover of Sun Microsystems, we have now heard that the EU have granted Oracle ‘unconditional approval’. Read more
Oracle Quarterly Software Sales: Sharply below expectations
Filed under: News
According to a recent article on Reuters it seems that Oracle Corp’s quarterly software sales have not hit expectations, Oracle were hoping that this quarter may help the company rebound, however shares are said to be down 2.7 percent. Read more
Oracle-Sun Deal: European Commission to investigate
Filed under: News
You may have read our recent post regarding the DOJ approving Oracles takeover of Sun Micosystems, at the time of the post we mentioned that a similar approval would be required from the European Commission, it seems that now the EU commission are now beginning an in-depth investigation of the proposed deal.
The deal is said to be worth $7.4 billion, however there have been some major concerns as to how this would effect competition in the database market, according to Neelie Kroes who represents the Competition Commission they will have “to examine very carefully the effects on competition in Europe when the world’s leading proprietary database company proposes to take over the world’s leading open source database company,”. Read more
Oracle Buys Sun: Who wins and who loses?
Filed under: News
Oracle completed their $7.4 billion takeover of Sun Microsystems on the 20th April, but who exactly are the winners and losers of the deal? BusinessWeek has compiled their list for you to examine. Read more
Sun Microsystems and Oracle News: Implications for mobile world
Filed under: News
Following on from Oracle Corps’ buyout of Sun Microsystems, many feel that this deal has raised some interesting questions about the implications for mobile world and what the future lies ahead. Read more