EU Clears Oracle-Sun Deal
Thursday, January 21st, 2010
Wow. It’s finally here. I know it’s a good thing that this is closing, but can’t help but feel sad. Despite all of its problems, I don’t think we will ever see an amazing company like Sun again. A few more days to “assimilation.”
The European Commission has approved under the EU Merger Regulation the proposed acquisition of US hardware and software vendor Sun Microsystems Inc. by Oracle Corporation, a US enterprise software company. After an in-depth examination, launched in September 2009 (see IP/09/1271 ), the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
