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Thursday 21 August, 2008
 13:25 | 25/Jan/2008 |  0 Comment(s)
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Global IT Acquisitions and Mergers


When the price for a company is $1 billion, it"s hard not to recall Austin Powers" Dr Evil. It was the price that Sun forked out for MySQL AB, the company behind the MySQL database, on 17/01/2008.

Twelve months ago there were many questions about the remaining relevance of Sun and possibly who would end up owning the company. Now though, the M in LAMP is Sun"s. CEO Jonathan Schwartz said that it puts his company at "the centre of the global Web economy". Facebook, Google and Nokia are among the big names that already use MySQL.

The buyouts did not stop with the MySQL deal. BEA finally relented to Oracle"s approaches and settled on a buyout figure of $8.5 billion. In the end, Larry Ellison got what he wanted, again.

Not to be left out, IBM decided to part with $5 billion for Cognos.

Amongst all this, KDE4 appeared sporting a new look and a paint job. The old joke about it taking forever to compile KDE on Gentoo holds more water than ever -- it makes GNOME feel like a set of binaries in comparison. Flame on, C++ and C freaks.

Have a look into this also.

Comment: Updated on 12/05/2008.


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