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Oracle Buys Sun
bruunb writes "Oracle Corporation (NASDAQ: ORCL) and Sun Microsystems (NASDAQ: JAVA) announced today they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash. The transaction is valued at approximately $7.4 billion, or $5.6 billion net of Sun's cash and debt. 'We expect this acquisition to be accretive to Oracle's earnings by at least 15 cents on a non-GAAP basis in the first full year after closing. We estimate that the acquired business will contribute over $1.5 billion to Oracle's non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,' said Oracle President Safra Catz."
Netbeans is much faster and elegant than JDev.
Netbeans is much like another Eclipse, maybe better...
Eclipse is open-source.
-Woof woof woof!
> What the fuck is "netbeans"?
http://www.google.com/search?q=netbeans
> Who uses this java nonsense anyway?
http://www.google.com/search?q=programming%20language%20popularity
http://www.tiobe.com/content/paperinfo/tpci/index.html
Oracle-Sun: Jonathan Schwartz Writes His Toughest Ever Email
http://eclipse.sys-con.com/node/926256/print
"...All members of the board present at the meeting to review the transaction voted for it with enthusiasm, and the transaction stands to utterly transform the marketplace - bringing together two companies with a long history of working together to create a newly unified vision of the future."...
No, there is no anti-trust here because in the high-end database market Oracle still has competition from IBM DB2 and a little company called Teradata. In the open source world, you still have PostgreSQL and Firebird. Just because something is popular, and why Oracle is so popular is beyond me other than slick marketing, does not make it a trust.
I've spent the last six months working around databases. The development platform was on MySQL simply because it was already there and available on most hosting/dedicated server set ups by default. We had enough work to write the code for the web apps, but we wrote everything using Database abstraction. I knew the day that SUN bought MySQL, MySQL's days were probably numbered as the development team would fracture and start their own forks. So the MySQL world would experience something similar to what happened during the Mambo/Joomla spit a couple years ago. (A lot of uncertainty until one side wins out).
Our major concern was the need to be able to cluster and scale the database rather quickly. In the past I had heard database people call MySQL, and to a lesser extent, PostgreSQL, toy databases. I thought it was out of spite at first, but I learned quickly why they said that when you needed MySQL or PostgreSQL to scale into a high availability cluster. I know MySQL has made some strides in 5.0 and 5.1 in the clustering arena, but PostgreSQL is still lagging.
Right now we're working with the developers edition of DB2 and Teradata on the backend.
The big question now is what does Google do? They've done a lot of hacking of MySQL and it is a critical component of their business. I could see them forking MySQL and offering GoogleDB as a replacement since they have the people to maintain/add to the code.
"The problem with socialism is eventually you run out of other people's money" - Thatcher.
Emacs has vim ;)
Finally a decent editor for the Emacs OS
for the last time people, I am "frodo from middle eaRTH", not "middle eaST".
not scrapped, but outsourced much of the making of it. wonder what Fujitsu is going to do?