Sun Micro says to buy MySQL for $1 billion | Deals | Mergers & Acquisitions | Reuters
NEW YORK (Reuters) - Sun Microsystems Inc (JAVA.O: Quote, Profile, Research) said on Wednesday it will buy open source database developer MySQL AB for about $1 billion.
Sun said it will pay about $800 million in cash in exchange for all of MySQL stock and assume about $200 million in options as part of the deal.
Sun said it expects the deal, which should close in the late third quarter or early fourth quarter of its fiscal 2008, to add to its fiscal 2010 operating income.
-another cash deal.
st0ckman
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