Oracle get DoJ approval for Sun Microsystems deal

US Department of Justice approves $7.4 billion purchase of Sun; European Commission still to OK deal

Tags: Mergers and acquisitionsOracle CorporationSun Microsystems IncorporationUSA
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Oracle get DoJ approval for Sun Microsystems deal Oracle's bid for Sun Microsystems is still waiting for EC approval.
By  Mark Sutton Published  August 23, 2009

Oracle has announced that it has received approval from the US Department of Justice for its take over of Sun Microsystems.

Oracle’s $7.4 billion bid for Sun was accepted by the board in April, and by shareholders in July.

The deal gives Oracle control of Sun’s hardware and software portfolio, plus ownership of Java. Oracle also gains the MySQL open source database.

The deal still requires clearance from the European Commission before it can be finalized.

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