Oracle Announces The Acquisition of Open Source Software Company ...

REDWOOD SHORES, Calif., Oct. 7 /PRNewswire-FirstCall/ -- Oracle Corporation (Nasdaq: ORCL) today announced the acquisition of Finland-based Innobase OY. Innobase is the developer of discrete transactional database technology, InnoDB, that is distributed under an open source license. "Oracle has long been a supporter of open source software such as Linux and Apache," said Charles Rozwat, Oracle's Executive Vice President in charge of Database and Middleware Technology. "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. Oracle has already developed and contributed an open source clustered file system to Linux. We expect to make additional contributions in the future."

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InnoDB is not a standalone database product: it is distributed as a part of the MySQL database. InnoDB's contractual relationship with MySQL comes up for renewal next year. Oracle fully expects to negotiate an extension of that relationship.

Terms of the transaction were not disclosed.