Feeds

Oracle's Sun acquisition passes US anti-trust test

Wanting closure

Next gen security for virtualised datacentres

The $5.6bn takeover of Sun Microsystems by Oracle moved another step toward closing as the US Department of Justice has given the acquisition its nod.

Specifically, the DoJ terminated the waiting period under the Hart-Scott-Rodino Act, according to a terse statement from Oracle, which reminded everyone that Sun's shareholders approved the deal on July 16 and that the closing of the transaction "is subject to certain conditions, including clearance by the European Commission."

Oracle had hoped to have closed the Sun acquisition by now, but it has been delayed by antitrust authorities in the US and Europe who were apparently concerned with Oracle's steerage of Java, the licensing of Java technology, and the prices it would charge.

The DoJ never publicly discussed what its concerns were, but as previously reported in El Reg, the word on the street was that the DoJ stalled the deal to find out more about how Oracle would handle licensing of Java software technologies. Back at the end of June, Oracle's counsel, Dan Wall, of Latham and Watkins, said that this was "one narrow issue" and that Java rights licensing "is never going to get in the way of the deal."

Two weeks ago, the antitrust authorities at the European Commission launched their own investigation into the Sun takeover. The Competition Commission said that it would examine the Oracle-Sun deal under the EU Merger Regulation and said it has 25 days (starting from July 30) to decide if it can clear the deal or open up a more in-depth investigation that takes 90 working days. The current deadline for a decision by the EU is September 3, but as we pointed out above, that can be extended. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?