| Oracle Announces the Acquisition of Innobase (part of the MySQL Database) [message #141451] |
Mon, 10 October 2005 06:12  |
Frank Naude
Messages: 4587
Registered: April 1998
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What do you guys think of this?
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Oracle Announces the Acquisition of Open Source Software Company, Innobase
Oracle Plans to Increase Support for Open Source Software
REDWOOD SHORES, Calif., 07-OCT-2005 Oracle Corporation today announced the acquisition of Finland-based Innobase OY. Innobase is the developer of discrete transactional database technology, InnoDB, that is distributed under an open source license. "Oracle has long been a supporter of open source software such as Linux and Apache," said Charles Rozwat, Oracle's Executive Vice President in charge of Database and Middleware Technology. "Innobase is an innovative small company that develops open source database technology. Oracle intends to continue developing the InnoDB technology and expand our commitment to open source software. Oracle has already developed and contributed an open source clustered file system to Linux. We expect to make additional contributions in the future."
InnoDB is not a standalone database product: it is distributed as a part of the MySQL database. InnoDB's contractual relationship with MySQL comes up for renewal next year. Oracle fully expects to negotiate an extension of that relationship.
Terms of the transaction were not disclosed.
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Best regards.
Frank
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| Re: Oracle Announces the Acquisition of Innobase (part of the MySQL Database) [message #159906 is a reply to message #141451] |
Wed, 22 February 2006 03:10  |
dushyant
Messages: 74
Registered: September 2005
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Member |
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There is a saying. "If you cant compete, then Acquire".
Oracle Boss Larry Ellison seems to have digested this saying by heart and soul.
It is very clear from the strategies which oracle is coming out with, that it wants to dominate entire spectrum of software, whether be databases, enterprise software, CRM, open source, servers or whatever.
The Acquisitions are one thing, Project Fusion is another, it is coming out very aggressively in whatever they are doing.Which is good for us, since we are associated with the products of Oracle in some way or the other.
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