62% of Sun's Stockholders Vote For Oracle Deal
Moon Workstation writes "In an special meeting held at Santa Clara, CA, 62% of Sun's stockholders voted for the acquisition by Oracle. As a result of this Sun's stock will be taken from the stock market as of Friday. The acquisition is still waiting for approval by the US Department of Justice and anti-trust offices in other countries. The planned acquisition is source for rumors and speculation about the future of different Sun products, like OpenSolaris, CPUs and others." (MySQL among them.)
ByeSQL!
Oracle won't kill MySQL. MySQL's accessibility hurts Microsoft's database division too much. Oracle and MySQL are two different markets, anyway.
It is truly the end of a era. At one time, SUN was the epitome of enterprise class hardware. Now it will be reduced to Larry's little toy.
To quote netcraft: SUN is dying.
SUN is dead.
Thanks, Larry.
Why has Sun Microsystems not done particularly well in the last few years? Why are they finding it necessary to sell themselves to Oracle? My theory is that the highly reliable hardware Sun Microsystems sells is no longer popular because it is far cheaper to use consumer-grade hardware with software that is fault-tolerant. The excellent 2008 book Planet Google describes Google's experiences on page 54: "For about $278,000 in 2003, [Google] could assemble a rack with 176 microprocessors, 176 gigabytes of memory, and 7 terabytes of disk space. This compared favorably to a $758,000 server sold by the manufacturer of a well-known brand, which had only eight multiprocessors, one-third the memory, and about the same amount of disk space."
Why would Oracle buy Sun? Possibly because there are difficulties in making Oracle database products work with the new fault-tolerant technology. For example, fault-tolerant technology may require performing all database modifications on 4 computers at the same time, and Oracle may not want to sell 4 licenses for one application at the same price as the 1 license used with the more expensive high-reliability equipment.
What are your ideas about the sale of Sun, and Oracle's interest? There are many people with far more knowledge about this than I have.
Only the assholes survive. At least it looks to me that way.
Fuck systemd. Fuck Redhat. Fuck Soylent, too. Wait, scratch the last one.
wait a minute... wasn't Sun allready bought by Oracle..?? what about Sun's stockholders??
holders?
They are probably hoping to the holy oracle that they don't get ... SUNburned....
Previously: "Linux... Toward the Sunrise..." Now: "Linux... Toward the-- No, now, part of Every Sunrise"
It is likely that shareholders owning 62% of Sun stock voted for the Oracle deal. This is slightly different than 62% of shareholders (for instance, if 1 person owned 50% of the company, another owned 12%, and 15,000 people owned the rest, 0.013% of the shareholders would have 62% of the vote).
Nerd rage is the funniest rage.
"...I think that the need for an independent true Open Source entity for MySQL is even bigger than ever before." Umm, PostgreSQL, anyone? Try working with it after having used MySQL or Oracle. It's just years ahead.
Monty is the man who will keep MySQL alive regardless of Oracle. Oracle can funble and bumble it all they want. In fact, you can expect MySQL development to slow to a crawl over the next 3 years as Oracles tries to figure out what to do and to integrate it. In the meantime, Monty AB is going to become the new defacto standard for MySQL replacing Oracles version in the open source community. Distros will start picking up Monty AB and as a result, more installs of Monty AB will be used than that Oracles MySQL in 5 years do to licensing issues or lack of development.
This is my sig. There are many like it but this one is mine.
You all know you want it.
See my blog http://ilovecookes.blogspot.com/ for light hearted technical information.
Sun bought by Oracle? That isn't too bright. Did someone predict this? Didn't Monty Burns already block this?
Thanks...I'll be here all week...try the veal
*OR* everyone will just wake up to the fact that PostgreSQL is superior in pretty much every way now (including performance and ease of maintenance) and dump MySQL altogether.
It has been obvious that Sun was a zombie since the dot com bubble burst. That their corpse was going to be bought by someone was equally obvious. So of the available suitors was Oracle the best the Sun shareholders could hope for? Probably. Which explains they vote.
Democrat delenda est
Personally I think Oracle and Sun are perfect for each other business wise. Two companies that have some good products, often don't even realize the potential of what they have, have no real vision other than getting big contracts signed, and couldn't market their way out of a wet paper bag.
Now that there is even a hint that something might change, I halfway expect managers to be running around like chickens with their heads cut off spewing crap like "Solaris is going to be desupported!" or "Sparc servers are 'going away' soon". (I went through this with Oracle Forms when Oracle dropped the Win32 client ARRAGGG!)
It would just be nice if they could make their intentions 100% clear on what specifically they plan to do with Sun's products.
This is an ex-parrot.
62 percent of the voting shares. this does not mean 62 percent of shareholders.
I really would have expected more than 62% to vote for the acquisition. Having 38% abstain or vote against it... I will be surprised if some of the nay-sayers didn't file a lawsuit to prevent it from happening.
packageadd SUNWburned ?
It's pinin' for the fjords.
Great, now Oracle can slice off the good bits and push the rest of the corpse into the bay where it can slump among the rusted JavaStations and corpses of former SGI employees as a reminder[1] that the chewbacca defense is not an effective business strategy.
1. http://blogs.guardian.co.uk/technology/sunstrategy2x.gif
Damn! They have bought the Sun already!
Stockholders, representing 62% of the voting shares, approved this this merger.
Lets use voter for democracy please. If it isn't yet a good way of using the term, it should be.
But, good English dictates that it was not 62% of the voters. There could for example be two 2 people holding 57% of the shares, and 1,234,984 people holding another 5% of the shares. Lets be accurate about what kind of decision was made by whom and how.
BTW there could have been and may be another couple of billion dollars of shares, that have no vote.
"an special deal"? Is it not a requirement for anyone moderately fluent in English to even GLANCE at a post before it's green lighted? WTF?
My blog. Good stuff (when I remember to update it). Read it.
+1 funny
JAVA will be removed from the *NASDAQ-100 composite index*, but will continue to trade as normal until the company is actually acquired. This point was even mentioned in the press release, so extra points for getting it so (so!) basically wrong.
(Man, /. just continues to accumulate fail. I wonder when it'll implode.)
Oracle offered way more than Sun's worth. Take the money and run.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
I don't think MySQL is in danger, it is relatively easy to fork and has an extensive installed base. What I think will suffer more is OpenOffice and OpenSolaris. Sun is the primary sponsor of the OpenOffice project. I really don't think Oracle has any incentive to invest on it even if its just to piss MS a little. I think that in order to survive, OpenOffice(.org) will need to adopt an strategy similar to that of the Mozilla foundation and get some big sponsors like i.e. IBM. OpenSolaris would be missed by only a few, and some important technologies like dtrace and zfs can't be integrated easily on the linux kernel because of the CDDL. I think Open Solaris has failed to take off as Sun has intended and will be indeed killed because of that. I don't think a fork would be feasible or succesful because of the lack of interest from the general community. I hope that at least they release the code in a GPL friendly license so it can be assimilated onto Linux
Greetings, programs!
Guys, you think Oracle, who wants to be next IBM is gonna kill (or seriously hurt) an OS, which is a main platform for their flagship product: a database? An idiot would think so, but not in reality.
Just think about it:
Now think some more, if you like:
OK, now what Oracle have to compete with:
Make your own conclusions.
"Oracle bought Sun because buying Innodb didn't kill MySQL."
I don't understand that.
There's nothing else that Oracle can likely do with the other assets of Sun other than sell them for parts. I refuse to believe that Oracle has either the ability or the impetus to continue any of Sun's hardware or non-DB software.
Wow.
First, 62% refers to the number of shares, and not the number of stockholders as the summary claims. Probably, the 62% mostly represents 30 or 40 large shareholders, made up of pension funds, stock funds, and rich people. Second, 62% refers to the number of outstanding shares, not the number of shares for which there was a vote. Very small shareholders rarely bother to vote their shares and do not vote one way or the other. I doubt very many shareholders voted in opposition to this deal, which would be very silly because Sun's prospects without this deal are very dim.
Where the f**ck have they been the last few decades?
Hope is the currency of fools
This is one sideshow I wish I didn't have a front seat to; it was hard enough dealing with the re-branding every 2 months, not being one of the elite (try being a contractor supporting folks that 'wrote' what your supporting, especially when they didn't) lip service to a eat our own dog-food policy and an internal culture that expects weekly heroic acts; add to that the company trying very hard to sell itself for nearly the last year, being in offer status for half of that and having absolutely no forward momentum because no one seems to know what the 'Oracle' has in mind so why bother, well really, I would like to see this end so we can all see where the chips fall; unfortunately for me I believe I will be on the losing side of this deal, Oracle seems to avoid contract/outsource like the plague and I fall squarely in that bucket.
Unix, an obscure operating system developed by bored researchers in an attempt to get a better game playing experience.
Oracle and MySQL are two different markets, anyway.
It always bothers me when people make this comment, because it assumes things always will be that way. Oracle and mysql are different markets, but does it always have to be? Well, now that oracle owns mysql, yes. But if it wasn't so, mysql could have evolved into an oracle competitor with time. And that is so with a lot of products and markets. They are in two different markets now, and oracle might not kill it off, but we know that oracle is unlikely to develop it to rival their proprietary product, whereas before, any outcome of mysql's future would have been possilbe.
Oracle and Berkeley DB were in different markets, too. Look what happened.
Work on Berkeley DB may still be going on, but the tool is far less visible in the community.
Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
Everyone grab a copy of the source, quick!
http://forge.mysql.com/wiki/MySQL_Internals_Guided_Tour#Getting_the_source_tree
"When information is power, privacy is freedom" - Jah-Wren Ryel
They were right, they did not need a calendar that goes beyond 2012 - they are gone already. On the other hand we may need to go beyond y2k12