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Sun buys MySQL for $1 billion
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Sun Microsystems has made a bid to tap into the burgeoning market for providing services to web 2.0 companies like Facebook by buying MySQL, a provider of enterprise software,’ reports Times Online.
Sun will pay $1 billion for MySQL.
What is MySQL?
MySQL is a multithreaded, multi-user SQL database management system (DBMS) which has, according to MySQL AB, more than 10 million installations. The basic program runs as a server providing multi-user access to a number of databases.
Social networks like Facebook rely upon MySQL to deliver services to their vast numbers of subscribers.
MySQL controls 50 per cent of the $15 billion market for so-called ‘open source databases’, and its clients include Google, YouTube, Facebook, Flickr, the photo-sharing site, and Baidu, the fast-growing Chinese search engine.
Under the terms of the deal, Sun will pay $800 million in cash for the entirety of MySQL’s stock, and will also assume $200 million worth of options.
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Hey Eka.. Nice post. But i guess we expect much more from you! WATBlog is waiting for one of the trademark long analytical posts from EKa. Im hoping we shall see the same brilliant analysis and insights that you gave when you were at WAT in your upcoming posts as well.
Looking forward to your next post
I think this was a very smart move by Sun. By capturing one of the main component of the famed LAMP (Linux, Apache, MySQL, PHP) framework, Sun can now push for more development on MySQL for Solaris.
However, with open source products like the Java-family and Distros like OpenSolaris coming out of the House of the Sun, we have little to worry about MySQL’s future.