Sun last week closed its US$1 billion deal to buy open-source database vendor MySQL, and with the news came a bold proclamation from Sun CEO Jonathan Schwartz.
"In my view, this is the most important acquisition in Sun's history, and the most important in the modern software industry," Schwartz said during a conference call.
MySQL's CEO, Marten Mickos, is now senior vice president of a new database group within Sun's software division. "In terms of the business model, technology and culture, the fit with Sun is perfect," he said.
During the conference call, Schwartz acknowledged that Sun's acquisition plans aren't over, but said future deals will likely concern "more tuck-in assets."
"MySQL was the crown jewel of the open-source marketplace. As far as we can see, there are no more higher-value assets we can acquire," he said.