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Oracle buys Innobase

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Sunday, October 9, 2005

US-based Oracle Corporation announced Friday it had acquired Innobase OY for an undisclosed sum. Innobase is a Finnish company that has developed several open-source database technologies. They are best known for InnoDB.

InnoDB is an add-on storage engine for MySQL used by many popular websites, including Slashdot, EDS/Sabre, Yahoo Finance, Google and Wikimedia. It is an open source tool, distributed under the GNU General Public License (GPL).

“Oracle has long been a supporter of open source software such as Linux and Apache. Innobase is an innovative small company that develops open-source database technology. Oracle intends to continue developing the InnoDB technology and expand our commitment to open source software.” said Charles Rozwat, executive vice president of Database and Middleware Technology at Oracle.

Innobase is the 11th company to be acquired by Oracle in under a year. The most recent acquisition was of rival Siebel Systems on September 13 for $5.85 billion.

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Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

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