The world’s second-largest software maker now can continue to do business combined with Sun in the 27-country European Union. Oracle sells more than 20 percent of its software in the European sector, so the commission’s approval was urgently needed for the deal to be completed.
– Oracle won its protracted legal disagreement with the European Commission Jan. 21 when the agency’s antritrust regulators approved the company’s $7.4 billion acquisition of Sun Microsystems.
The world’s second-largest software maker now can do business combined with Sun in the 27-country European U…
EC Finally Approves Oracle’s Sun Acquisition
written by John Beckham on January 21st, 2010 |
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