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Former MySQL CEO Mårten Mickos sent a letter to the European Commission‘s top antitrust authority, urging her and her regulatory body to approve Oracle’s takeover of Sun Microsystems, which owns his former company.
Will it work?
Will Mickos’ appeal to speed along approval work? Opinion is mixed.
“It may have some sway, but by nature that governing body is super independent and they just seem like a group that does not like to be told what to do, no matter who it is. So that may some sway but I think [Oracle] may have to make some kind of concessions,” said Scott Testa, a professor of business administration at Cabrini College in Philadelphia.
The analysts agreed, however, that the deal will likely close quickly, something both Sun and Oracle want.
“I don’t see this going on for a long time,” Testa said. “I see Oracle making a few concessions but I don’t see this deal being stopped. And I don’t think the commission is going to labor this as long as some of these other investigations.”
http://www.internetnews.com/government/article.php/3843201
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