Oracle and Sun transaction waiting for USA Ministry approval
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POSTER: computer news || ORACLE AND SUN TRANSACTION WAITING FOR USA MINISTRY APPROVAL |
DATE:2009-08-02 |
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After stating at the end of April about the desire to purchase Sun microsystems, oracle company waited for the approval of shareholders to the middle of past month, but even agreement of sun shareholders did not remove all obstacles for the realization of this transaction. At the end of July the Ministry of USA Justice stated that for studying the entire information, connected with this transaction, additional time will be required . The sum of transaction is evaluated at $7,5 billion first one and a half billion dollars will be paid in the first financial year, which follows the conclusion of transaction, in the subsequent year the company will allocate two billion dollars. Originally anti monopolistic organs are interested in the questions of java licensing, but experts do not consider that this will become an obstacle to the approval of transaction between Oracle and Sun. The first companies hope that the investigation will be completed soon, and transaction will be completed the until August 31 present year. | ||
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ORACLE AND SUN TRANSACTION WAITING FOR USA MINISTRY APPROVAL |
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