Officials do not allow Oracle to buy Sun

Late at night on June, 26th the Ministry of Justice of the USA has let out the short statement where has informed that antimonopoly investigation concerning merge Oracle and Sun will be continued, informs The Wall Street Journal. However, in Oracle do not doubt that it is only small delay, and eventually a regulator the positive decision will make.

At us very good dialogue with the Ministry of Justice has taken place, and we almost that have managed to settle all before the expiry of the term before giving of the repeated application, - has noted. Dan Uoll. (Dan Wall), the lawyer of company Latham Transaction cost will make approximately $7,4 mlrd, or $5,6 mlrd taking into account a cash and debts Sun. Despite a delay, it is expected that merge Sun with Oracle with a high probability will be supported by a regulator. The transaction while is approved by only one board of directors: investors Sun will vote on this question at the meeting planned for July, 16th. The board of directors has recommended to shareholders to support merge.

It is necessary, that it should is supported by majority of votes. Market observers notice that merge Sun with Oracle with a high probability will be approved by antimonopoly bodies as primary activity of both companies is crossed essentially less, than in case of absorption Sun from outside IBM.

Analysts also do not doubt that shareholders Sun will support the decision of board of directors.

Neverthelesx, dissatisfied by the transaction as a part of shareholders were already. Minoritarii Sun were in time have submitted three collective claims, wishing to block the transaction. About it it became known from statement Sun in the American Coommission on securities and the stock exchanges, made in May.

Together with Sun to Oracle its two key technologies - Java and Solaris will pass. Oracle is going to continue investments into platform Java on which the family of binding software Oracle Fusion Middleware is constructed – as declare in the corporation, the most actively developing segment of its business. On operating system Solaris the majority of databases Oracle, the largest segment of business of corporation, in turn, works. At the same time, Oracle promises and to support further Linux and other platforms.