This is yet another successful story for open source software. Sun has no database software to sell in a $15 billion market that Oracle leads, according to IDC study. Congratulations, Monty, David and the crew.
Now, Sun Microsystems, Inc. today announced it has entered into a definitive agreement to acquire MySQL AB, an open source icon and developer of one of the world’s fastest growing open source databases for approximately $1 billion in total consideration. The acquisition accelerates Sun’s position in enterprise IT to now include the $15 billion database market. Today’s announcement reaffirms Sun’s position as the leading provider of platforms for the Web economy and its role as the largest commercial open source contributor. From the official MySQL blog:
After all the industry speculation about MySQL being a “hot 2008 IPO”, this probably takes most of us by surprise — users, community members, customers, partners, and employees. And for all of these stakeholders, it may take some time to digest what this means. Depending on one’s relationship to MySQL, the immediate reaction upon hearing the news may be a mixture of various feelings, including excitement, pride, disbelief and satisfaction, but also anxiety.
Being part of the group planning this announcement for the last few weeks, I have had the fortune to contemplate the consequences during several partially sleepless nights (I usually sleep like a log). And over the coming days and weeks, I’ll provide a series of blogs with various viewpoints of the deal.
Check out what Jonathan Schwartz has to say about this purchase at official blog:
That in addition to acquiring MySQL, Sun will be unveiling new global support offerings into the MySQL marketplace. We’ll be investing in both the community, and the marketplace – to accelerate the industry’s phase change away from proprietary technology to the new world of open web platforms.