Linked by Thom Holwerda on Thu 16th Feb 2006 18:42 UTC, submitted by Dubbayoo
Oracle tried to acquire open-source database maker MySQL, an indication of the profound changes the software giant is willing to make as it adapts to the increasingly significant collaborative programming philosophy. MySQL Chief Executive Marten Mickos confirmed the acquisition attempt in an interview at the Open Source Business Conference here but wouldn't provide details such as when the approach was made or how much money Oracle offered.
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Member since:
2005-11-15
Oracle is most likely not trying to buy to competition, but is rather trying to diversify it's business while the options are cheap. It bought InnoDB not to put MySQL out of business but because this gave it contact information for all the customers who wanted the enterprise roll-back capability not normally found in MySQL.
SleepyCat, recently bought by Oracle, doesn't compete with Oracle. The SleepyCat database product doesn't even process SQL commands. it is designed for embedded database in things like routers and phone switches.
Oracle is acting in anticipation of the day when it cannot make huge profit margins on its Oracle database products, currently it's cash cow. That's why it bought PeopleSoft, to diversify. That's the reason for the buying spree. To diversify.