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Jan162008

Sun will acquire MySQL for $1B

Sun Microsystems Inc. will pay $1 billion for Swedish software company MySQL, whose open-source database is used for some of the most widely visited Web sites in the world, the company announced today.

Sun said the deal will augment its position in the enterprise IT market, including the $15 billion database market.

The news comes as Oracle Corp. said it will acquire BEA Systems Inc. for $8.5 billion.

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Sun, Oracle, MySQL, Database, Server, Software, Website, Web Hosting, Acquisition

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