Sun Acquisition By Oracle
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Sun Acquisition By Oracle
The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language. Concerns about Sun's position as a competitor to Oracle were raised by antitrust regulators, open source advocates, customers, and employees over the acquisition. The EU Commission delayed the acquisition for several months over questions about Oracle's plans for MySQL, Sun's competitor to Oracle Database. The commission finally approved the takeover, apparently pressured by the United States to do so, according to a WikiLeaks cable released in September 2011. History In late 2008, Sun was approached by IBM to discuss a possible merger. At about the same time, Sun also began discussions with another company, widely rumored but not confirmed to be Hewlett ...
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Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and technology (particularly its own brands), cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software. History Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories (SDL). Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems ( RDBMS) named "A Relational Model of Data for Large Shared Data Banks." He heard about t ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day that ...
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Drizzle (database Server)
Drizzle is a discontinued free software/open-source software, open-source relational database management system (DBMS) that was Fork (software development), forked from the now-defunct 6.0 development branch of the MySQL DBMS. Like MySQL, Drizzle had a client/server architecture and uses SQL as its primary command language. Old Drizzle files are distributed under version 2 and 3 of the GNU General Public License (GPL) with portions, including the protocol drivers and Database replication, replication messaging under the BSD licenses, BSD license. Early work on the fork was done mid-2008 by Brian Aker. Ongoing development was handled by a team of contributors that included staff members from Canonical Ltd., Google, Six Apart, Sun Microsystems, Rackspace, Data Differential, Blue Gecko, Intel, Percona, Hewlett-Packard, Red Hat, and others. Drizzle source code, along with instructions on compiling it, are available via the project's Launchpad (website), Launchpad website. In Octob ...
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