We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Oracle Sun deal given DoJ approval

Deal still needs go ahead from EU

Oracle's bid to take over Sun Microsystems has been given the go-ahead by the US Department of Justice (DoJ).

In April this year, Oracle announced it planned to purchase Sun for $7.4bn in a bid to create a hardware and software vendor that could compete more effectively with IBM and HP. However the deal was subject to approval by the US Department of Justice.

On June 26, the DoJ said it was extending its review over concerns about the rights to Java, which was developed by Sun, are licensed but it has now given the deal the go-head.

The deal can't be finalised just yet, as Oracle still needs approval from the European Commission, which is investigating the acquisition under the European Union Merger Regulation.

See also: Sun shareholders try to block Oracle sale


IDG UK Sites

Samsung Galaxy S6 review: Hands-on with the new Samsung Galaxy. Samsung's flagship is more iPhone-lr......

IDG UK Sites

5 things we hate about MWC: What it's like to be a journalist at a technology trade show

IDG UK Sites

Ractive powers The Guardian's interactive infographics – and lets novice coders build complex...

IDG UK Sites

What does that mean? A jargon-buster dictionary of tech terms for Apple fans