Wednesday, November 04, 2009

Report: Oracle not yielding to EU with Sun buy | Deep Tech - CNET News

This must be comforting to Sun employees and shareholders

Oracle is taking a hard line in dealing with European Union objections to its planned acquisition of Sun Microsystems, according to a Financial Times report Tuesday.

EU antitrust regulators are concerned that Oracle, which has a large business in proprietary software, won't be a good home for Sun's open-source MySQL database business. According to the report, Oracle is unyielding, offering no concessions to deal with the EU's concerns.

That stance could lead the regulators to issue a formal complaint objecting to the deal, and that move could occur within days, according unnamed sources in the story. Neither the EU or Oracle commented for the story.

Report: Oracle not yielding to EU with Sun buy | Deep Tech - CNET News

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