The Justice Department has extended its look at Oracle's acquisition of Sun Microsystems but the software giant says it is confident the deal will close on time. The DOJ is looking at how Java is licensed.
In a statement Friday, Dan Wall, Latham & Watkins counsel to Oracle, said:
"We've had a very good dialogue with the Department of Justice and we were almost able to resolve everything before the Second Request deadline. All that's left is one narrow issue about the way rights to Java are licensed that is never going to get in the way of the deal. I fully expect that the investigation will end soon and not delay the closing of the deal this summer."
The DOJ's investigation was expected to expire Friday night, but the government made a second request for information.
Sun shareholders will vote on the deal July 16. Analysts have speculated on how Oracle would monetize Java. The consensus is that Java will ultimately help Oracle's middleware business, but won't wind up being a cash cow.