Thread: FYI: Oracle acquires Innobase OY; terms undisclosed

FYI: Oracle acquires Innobase OY; terms undisclosed

From
Zoltan Podlovics
Date:
http://www.oracle.com/corporate/press/2005_oct/inno.html

REDWOOD SHORES, Calif.,   07-OCT-2005  Oracle Corporation today
announced the acquisition of Finland-based Innobase OY. Innobase is the
developer of discrete transactional database technology, InnoDB, that is
distributed under an open source license. "Oracle has long been a
supporter of open source software such as Linux and Apache," said
Charles Rozwat, Oracle's Executive Vice President in charge of Database
and Middleware Technology. "Innobase is an innovative small company that
develops open source database technology. Oracle intends to continue
developing the InnoDB technology and expand our commitment to open
source software. Oracle has already developed and contributed an open
source clustered file system to Linux. We expect to make additional
contributions in the future."

InnoDB is not a standalone database product: it is distributed as a part
of the MySQL database. InnoDB's contractual relationship with MySQL
comes up for renewal next year. Oracle fully expects to negotiate an
extension of that relationship.

Terms of the transaction were not disclosed.