SANTA CLARA, CA January 16, 2008 Sun Microsystems, Inc. (NASDAQ: JAVA) today announced it has entered into a definitive agreement to acquire MySQL AB, an open source icon and developer of one of the world's fastest growing open source databases for approximately $1 billion in total consideration. ...
With millions of global deployments including Facebook, Google, Nokia, Baidu and China Mobile, MySQL will bring synergies to Sun that will change the landscape of the software industry by driving new adoption of MySQL's open source database in more traditional applications and enterprises.

[sun.com...]

more on transaction

Sun will pay approximately $800 million in cash in exchange for all MySQL stock and assume approximately $200 million in options, for a total transaction value of $1 billion. The transaction is expected to close at the end of the third quarter or early fourth quarter of Sun's fiscal 2008. The completion of the transaction is subject to regulatory approval and other customary closing conditions