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US Justice Deptartment greenlights Sun - Oracle deal
Still waiting for European approval
Acting as the father of the bride, the US Justice Department has given Oracle's plans to take over Sun Microsystems its blessing.
The deal was agreed back in April, but it still needs European Commission approval before it can be finalized. Under the $7.4 billion deal, Oracle would get control over Java, and that fact raised a few gray haired eyebrows in regulatory bodies around the globe.
The deal should be finalized soon, at the end of the summer probably, once Eurocrats run out of cheese and wine and get back from their Mediterranean holidays.