1/16/2008

Sun To Buy MySQL For $1 billion

Filed under: — By Aviran Mordo @ 12:54 pm

Sun Microsystems will plunk down $1 billion to buy MySQL, the maker of a popular open-source database.

Sun said Wednesday that it will pay about $800 million in cash for MySQL’s privately held stock and will assume about $200 million worth of options. MySQL CEO Marten Mickos will join Sun’s senior executive team after the transaction closes.

 

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