Sun completes MySQL purchase; Eyes more open source acquisitions

Sun said Tuesday that it has completed the purchase of MySQL for $1 billion and CEO Jonathan Schwartz indicated the company plans to keep shopping for open source acquisitions.

"Open source is really in the DNA of Sun," said Schwartz on a conference call to trumpet MySQL as a transforming acquisition. Schwartz also added that Sun was "looking forward to more tuck in acquisitions on the open source front."

Schwartz wasn't going to name what companies were on his acquisition list, but he did outline some key attributes. Open source companies with "high integrity" communities, broad distribution and some commercial success would be fine tuck in acquisitions. "We believe we're a natural home for a lot of them," said Schwartz.

Schwartz added that Sun will use its balance sheet to build out its open source portfolio. The recent purchase of Innotek was held out as an example.

Separately, Sun said that MySQL's full portfolio of products will be rolled out to its sales force, partners and distribution channels.