Sun Microsystems purchases MySQL
MySQL is a widely used database product. It is the database used behind many popular sites -- Facebook, Digg, and Google, among others. Sun has long been a proponent of open source software, up until this point Sun has promoted PostgreSQL as a favored database.
MySQL AB was about to seek an IPO offering. We think Sun got a good deal by giving MySQL AB a cool billion, but just hope the MySQL database continues to innovate and carry on it's reputation as a fantastic database platform.
Perhaps with the influx of $800 Million, MySQL can make the leap from your favorite website into the enterprise where the real money is. Some large corporations wouldn't touch a database product that doesn't have support behind it, but if MySQL has a good system in place -- and a sales team who've marketed inside the enterprise for years -- new customers are more likely to take the bait and ditch Oracle or Microsoft's SQL Server.