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Oracle Now Has Another Rival After EU Approves SAP $5.8 Billion Takeover of Sybase

Wednesday Jul 21st 2010 by DatabaseJournal.com Staff

Will the biggest maker of business software be able to extend the Sybase database to rival that of Oracle?

The EU gave unconditional regulatory approval for SAP’s $5.8 billion takeover of Sybase; giving the world’s largest maker of business software the ability to take the fourth biggest provider of database software to new heights.

"The (European) Commission's investigation confirmed that horizontal anti-competitive effects are unlikely to occur in any of the relevant markets, notably in the absence of significant overlaps," the EU competition enforcer said in a statement.
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