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EU says OK to Oracle on Sun purchase

Jan. 21, 2010 at 8:51 AM   |   Comments

BRUSSELS, Jan. 21 (UPI) -- The European Commission Thursday granted software firm Oracle permission to take over Sun Microsystems, concluding an anti-trust investigation.

Nine months after Oracle announced it had struck a deal with Sun, European Union antitrust commissioner Neelie Kroes embraced the concept, The New York Times reported Thursday.

"I am now satisfied that competition and innovation will be preserved on all the markets concerned. Oracle's acquisition of Sun has the potential to revitalize important assets and create new and innovative products," Kroes said.

In negotiating to prevent a prolonged legal dispute, Oracle said it would commit itself to supporting MySQL, an open-source database program that Sun purchased in 2008 for $1 billion.

It has been downloaded more than 100 million times since 2000, the Times said. Oracle agreed to continue with MySQL's current commercial licenses for five years and guarantee that it would not file copyright claims against companies or individuals, the Times said.

Topics: Neelie Kroes
© 2010 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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