Oracle poised to relocate as Sun acquisition approved
Oracle is gearing up to relocate its Scottish headquarters from Edinburgh to Linlithgow, following the European Commission's approval of its £4.5 billion acquisition of Sun Microsystems.
European Competition Commissioner Neelie Kroes ended several months of uncertainty last week, saying she was now satisfied that the proposed takeover of one US technology giant by another will preserve competition and innovation. Kroes went further than expected by claiming the deal has the potential to revitalise key assets in European markets by creating new and innovative products. Originally, antitrust regulators had expressed concern it might have a negative impact on Sun's open source database program MySQL, used by Facebook and Amazon and a rival to offerings from IBM and Microsoft.
In Scotland the merger of the two businesses will mark a step change for Oracle, and will see the integration of two office locations, which are currently 20 miles apart, in Edinburgh and West Lothian.
Read the full story at Scotland on Sunday