The proposed takeover of Sun Microsystems by software company Oracle has been notified to the Commission, which has set a provisional deadline of 3 September for a decision to be made on the transaction’s impact on competition in the relevant markets. The US Department of Justice’s antitrust investigation into the merger remains ongoing, and the deadline was extended in June after concerns about the licensing of Sun’s Java technology were raised. The respective competition investigations are likely to push the completion of the transaction back from the planned deadline of late August until at least September.
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Decision in Oracle/Sun merger expected by provisional deadline of 3 September
- Squire Sanders
- Diarmuid Ryan and Tom S. Pick
- European Union
- August 17 2009
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Edward J. Willey III
Corporate Counsel
Huawei Technologies (USA)