EU Backs $7.4B Sun-Oracle Deal Without Conditions

Law360, New York (January 21, 2010, 1:55 PM EST) -- The European Commission signed off Thursday on Oracle Corp.'s proposed $7.4 billion acquisition of Sun Microsystems Inc. without conditions, after the regulator's probe showed that the combination of the two companies' database products would not significantly harm competition in that market.

The European Union’s antitrust regulator cited a variety of factors that would mitigate the possible loss of competition between Oracle's enterprise database products and Sun's open source MySQL database product, including vows that Oracle made in December to continue to put out new versions of...
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