I’m getting requests to comment on this and, for the time being, I’m going to limit myself. I’ll say that its happened, Sun stock rose almost US$1/share prior to the market open and held onto the gain pretty well all day. Personally I think this is a mistake for Sun and MySQL both and as a shareholder I’m very upset at Sun’s continued lack of focus or commitment. That said, I need to spend time looking at the details of the deal to see if this jives, my gut says “someone was gonna buy ‘em, why not Sun?” but my head turns toward Oracle, a major source of revenue for Sun that may or may not be effected by this deal, and PostgreSQL, a commitment Sun made and apparently doesn’t think is yielding results. But I’ll response in greater clarity at a later date about the acquisition and the quarterly results.
Update: I’ve decided that I’m not going to say anything more about it. Clearly a lot of people are divided on the deal. Separating the hype coming from Wall Street between reaction to the recent quarterly results and the MySQL announcement is difficult right now. I personally think there were better ways to spend the money, but I’m just going to have to trust Jonathan on this one.