Continued delays in the completion of Oracle Corp.'s pending $7.4 billion acquisition of Sun Microsystems Inc. have put the latter into a limbo that appears to be devastating its computer server business.
The acquisition hit another major roadblock late last week when the European Commission announced that it is launching an in-depth investigation into the proposed deal based on what it called "serious concerns" about how the merger could affect competition in the database market.
U.S. regulators approved the deal last month.
More: http://computerworld.com/s/article/342719/
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The acquisition hit another major roadblock late last week when the European Commission announced that it is launching an in-depth investigation into the proposed deal based on what it called "serious concerns" about how the merger could affect competition in the database market.
U.S. regulators approved the deal last month.
More: http://computerworld.com/s/article/342719/
