Reports say hearing arranged for 10 December
V3.co.uk, 26 Nov 2009
Officials from the European Union will hear Oracle's case for buying Sun Microsystems in two weeks' time, according to reports.
The database vendor has asked for a hearing which has been fixed for 10 December, a source close to the negotiations told Reuters.
Last week the European Commission granted Oracle more time to respond to anti-trust concerns over the proposed $7.4bn (£4.47bn) acquisition.
Oracle was requested to respond to the objections by 19 January, but was given an extension until 27 January.
The main objection concerns competition issues that may emerge from the largest proprietary database vendor buying the owner of MySQL, the most popular open-source database on the market.
Oracle has argued that the deal will not threaten competition because its own database products are aimed at a different type of customer.
However, many commentators have urged Oracle to sell MySQL to a third party so that the deal can finally be approved.
Sun desperately needs the deal to go through as it continues to lose revenue to rivals IBM and HP.
Oracle criticises European Commission's objections to its acquisition of MySQL
Support for a decade pledge pleases user group
This week we cover the continuing controversy surrounding the Orange T-Mobile deal
Using managed services to protect mobile data users from the latest security threats
Counting the cost of data security: the benefits of secured mobile services
Shifting Disaster Recovery targets with SharePoint and SQL server configurations
Using a hostbased recovery system for mission-critical systems
Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.
Replacement warning functioning normally, claims software giant
Annual initiative warns of phishing, ID theft and social network...
Do you agree?
Have your say on this article