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Article

Oracle-Sun: Oracle Issues Statement

Acquisition on course to close this summer, says Oracle counsel

Oracle yesterday evening issued the following statement, attributable to Dan Wall, Latham & Watkins counsel to Oracle:

"We've had a very good dialogue with the Department of Justice and we were almost able to resolve everything before the Second Request deadline. All that's left is one narrow issue about the way rights to Java are licensed that is never going to get in the way of the deal.

I fully expect that the investigation will end soon and not delay the closing of the deal this summer."

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JDJ News Desk monitors the world of Java to present IT professionals with updates on technology advances, business trends, new products and standards in the Java and i-technology space.