On Sun buying MySQL

Woot! – Sun bought MySQL for a cool $1 Billion!

If MySQL’s revenues are $60-70$ million as claimed, thats a purchase of about 15 times earnings – wow!

Kind of makes sense from a positioning point of view and does fit well with Suns recent open source plunge (and ultimately for Sun should sell more boxes), but it will be interesting to see what they do with it exactly. My company, Tax123.ie, already runs on Sun hardware as we use Joyent as our hosting provider, and now our database is effectively provided by Sun also. Our on-line applications are written in Flex (although the rumor is that Apple could acquire Adobe) and PHP (which should be safe enough!).

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