DOJ approves Oracle-Sun deal

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• Oracle shutting off Sun project-hosting site
• Oracle unplugs Sun's virtual world
• Oracle will boost MySQL, release Cloud Office suite
• Oracle to scale back Sun server line, make other changes
• IBM steps up Sun conversion programme
• Oracle to keep investing in Sun's server lines

Oracle on Thursday said the US Department of Justice has approved its US$7.4 billion acquisition of Sun Microsystems, although the deal is subject to certain conditions and still needs the blessing of European regulators.

Oracle first announced its bid in April and Sun shareholders approved the acquisition on July 16.

The combined company will give Oracle an array of new assets, including a stake in the computer hardware market, the open-source MySQL database and stewardship of the Java programming language.