Oracle Sun deal stumbles in the EU

Oracle’s $7.4bn bid for Sun has met a stumbling block in the EU, as European antitrust regulators raised concerns that database competition could be damaged, specifically that Sun’s MySQL competed directly with Oracle databases. However, the UK Oracle User Group (UKOUG) has backed the proposed Oracle takeover bid of Sun in a letter to the European Commissioner. UKOUG’s 1,500 members represent half of the UK and Ireland Oracle customer base. This merger is a huge deal for Oracle and will affect a lot of their strategic thinking and plans. So they are desperate to get approval from the EU. In the meantime, Silver Bullet Associates recommends that buyers should make hay from the uncertainty and negotiate hard with both Sun and Oracle.

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