The European Commission has issued regulatory approval for Oracle's acquisition of Sun Microsystems, Inc. for $7.4 billion. Oracle announced the news Jan. 21, and revealed it also expects unconditional approval from China and Russia. It intends to close the transaction shortly. Oracle CEO Larry Ellison has scheduled a live event set to take place Jan. 27, to lay out the plans for combining the two companies and their products. Registration for the event, which will be broadcast globally, is currently underway.
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Sun Microsystems of Canada will be responsible for managing the IT infrastructure supporting the 2010 Olympic and Paralympic Winter Games (VANOC) in Vancouver, Canada. The assignment entails connecting 15 networked venues and three datacenters, running multiple business applications and an integration test lab, and keeping 10,000 media outlets up to date with over 100 TB of data. This technology infrastructure will handle daily operations as well as share real-time data with billions worldwide.
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