Sun to fork out $1 billion for open-source firm MySQL

Sun Microsystems will plunk down $1 billion to buy MySQL, the maker of a popular open-source database. Sun said Wednesday that it will pay about $800 million in cash for MySQL’s privately held stock and will assume about $200 million worth of options. MySQL CEO Marten Mickos will join Sun’s senior executive team after the transaction closes. The acquisition is a bold move for...