Will this deal go through?
With an offer on the table Sun is now officially "in play" and it is not inconceivable that another bidder, such as IBM, could come in with a higher bid. Officially Big Blue is unruffled, but merger fans are already speculating on what might come next.
As noted yesterday, this deal makes Oracle a hardware player for the first time. It complicates matters for IBM, which has long made its money with open source and suddenly finds a rival controlling more face cards.
Second, what about the anti-trust implications? Analysts fingered worry beads for years that Oracle was monopolizing the database market with its acquisitions. Now it would control the open source alternative?
At minimum this deal will take several months to close. This means, for the first time, major open source projects like Java, OpenOffice.org, mySQL and Solaris are in limbo. There is uncertainty, something markets hate, which leaves anyone dealing with Sun hesitant.