News

  • Oracle to lay off more Sun workers

    Oracle is making further job cuts related to its acquisition of Sun Microsystems, primarily in Europe and Asia, the company said in a regulatory filing Friday.

  • Oracle to scale back Sun server line, make other changes

    Oracle will pare back Sun Microsystems' server lines and move to a build-to-order model to cut costs and get the hardware company back to profitability, Oracle executives said on Wednesday.

  • Oracle and Sun to push private cloud solutions

    The Oracle and Sun Microsystems road map due to be announced this week by Larry Ellison will likely include moves to forge the pair into a solutions provider in the vein of IBM and HP, according to analyst firm Frost & Sullivan.

  • Oracle-Sun merger foes head East

    With the European Commission seen as virtually certain to approve Oracle's acquisition of Sun Microsystems in just a week, those campaigning to prevent the deal encompassing Sun's MySQL database unit have shifted their efforts to regulators in Russia and China.

  • Oracle staying mum on merger progress down under

    Oracle's Australian representatives are staying mum over the impact attempts to acquire Sun Microsystems are having on its operations down under.

  • Oracle earnings jump 15 percent in Q2

    Oracle on Thursday reported second-quarter earnings of $0.29 per share, a rise of 15 percent over the same period last year. Total revenues rose 4 percent to $5.9 billion and net income jumped 12 percent to $1.5 billion.

  • Oracle's pledges on MySQL are 'purely cosmetic', say critics

    Oracle's latest commitments designed to address the European Commission's concerns regarding its acquisition of Sun Microsystems and the MySQL database are paper thin, and even if they were confirmed they wouldn't safeguard MySQL's future, said Florian Mueller, an outspoken critic of the deal, on Monday.

  • US senators ask EU to hurry investigation of Oracle-Sun

    Fifty-nine U.S. senators have asked European antitrust regulators to speed up their investigation into Oracle's planned acquisition of Sun Microsystems, due to Sun's "deteriorating financial condition."

  • EU gives Oracle extra time to respond to Sun inquiry

    Oracle and Sun Microsystems have been granted an extra week to defend their planned US$7 billion merger in front of European regulators, the European Commission said Friday.

  • Oracle/Sun: Why European Union jurisdiction matters

    A mild war of words is breaking out between American and European regulators on the proposed merger between Oracle and Sun.

  • EU issues objections to Oracle's Sun acquisition

    The European Commission has issued its formal "statement of objections" over Oracle's planned acquisition of Sun Microsystems, Sun said in a regulatory filing Monday.

  • Many open-sourcers back an Oracle takeover of MySQL

    A number of influential members of the open-source community are raising their voices about Oracle Corp.'s pending takeover of the open source MySQL database. Surprisingly, many are not opposing the shift in MySQL ownership that would come with the close of Oracle's $7.4 billion deal to acquire current owner Sun Microsystems Inc., contending that it would not wound the open source database.

  • Sun to cut 3,000 jobs as Oracle awaits approval for deal

    Sun Microsystems will lay off up to 3,000 workers over the next 12 months as Oracle awaits approval from European regulators for its acquisition of the company.

  • MySQL cofounder says Oracle should sell database

    Oracle should resolve antitrust concerns over its acquisition of Sun Microsystems by selling open-source database MySQL to a suitable third party, its cofounder and creator Michael "Monty" Widenius said in a blog post on Monday.

  • Sun, Oracle chiefs vow: Sun technologies will live on

    Sun Microsystems Chairman Scott McNealy and Oracle CEO Larry Ellison both took the stage at the Oracle OpenWorld 2009 conference to offer reassurances that Sun technologies will not go away should Oracle complete its planned acquisition of Sun.

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