Oracle on Thursday said the U.S. Department of Justice has approved its US$7.4 billion acquisition of Sun Microsystems, although the deal is subject to certain conditions and still needs the blessing of European regulators.
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Oracle first announced its bid in April and Sun shareholders approved the acquisition on July 16.
The combined company will give Oracle an array of new assets, including a stake in the computer hardware market, the open-source MySQL database and stewardship of the Java programming language.
(More to follow.)
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