Thursday, January 21, 2010

The EC gives a green light

The European Commission clears Oracle's proposed acquisition of Sun Microsystems:
"The European Commission has approved under the EU Merger Regulation the proposed acquisition of US hardware and software vendor Sun Microsystems Inc. by Oracle Corporation, a US enterprise software company. After an in-depth examination, launched in September 2009 (see IP/09/1271 ), the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it."

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