Oracle has completed its $7.4 billion purchase of Sun, making the announcement just hours before officials outline their plans for the Sun technology portfolio. Oracle officials will lay out their road maps during a five-hour conference with reporters and analysts that also will be presented via Webcast.
Just hours before kicking off a Webcast outlining how they will
incorporate Sun Microsystems into the fold, Oracle officials announced
that they had completed the $7.4 billion acquisition of the top-tier
tech vendor.
Oracle's announcement Jan. 27 comes a week after European antitrust regulators
gave their approval
to the deal after a five-month investigation that focused primarily on
the impact of Oracle acquiring the MySQL database technology.
Oracle officials are scheduled to talk with analysts and reporters
at their Redwood Shores, Calif., headquarters and via a Webcast Jan. 27
to outline their road map going forward as the company absorbs Sun into
the fold.
The five-hour event will be a way for Oracle officials to clue in
Sun customers and the rest of the IT industry on what they are going to
do with Sun's technology portfolio. That said, Oracle officials have
been vocal about some plans while they waited for the European
Commission to approve the deal.
For example, Robert Shimp, vice president of technology marketing at
Oracle, told eWEEK Jan. 26 that developers will not see much difference
in the way
Oracle handles Java.
In addition, after Oracle's announcement of its intention to buy
Sun, conflicting rumors began to spread about the fate of Sun's
hardware business. Oracle CEO Larry Ellison and other company officials
have said several times over the past few months that not only do they
intend to keep Sun's SPARC/Solaris hardware business, but they will
invest more money and manpower into the platform than Sun did.
They envision selling software optimized for the SPARC/Solaris
hardware, including bundled packages that mirror the efforts made by
other OEMs, including Cisco Systems, IBM, Hewlett-Packard and Dell, to
create more tightly integrated data center solutions.
With the questions surrounding the hardware business, IBM and HP
have aggressively pursued Sun customers, using packages of services,
support and financial incentives to entice them to migrate off the Sun
technology. Officials with both IBM and HP have said that hundreds of
Sun customers
have made the move.
Regarding MySQL,
in December Oracle gave European regulators a 10-point list of
commitments that it will guarantee to ensure that customers won't be
harmed by Oracle's possession of the database technology.
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