The Apache Software Foundation Receives Approval for Sale to Oracle Corporation. Oracle agrees to purchase the IP and all assets of The Apache Software Foundation for $1.5 Billion. Today, the Apache Software Foundation announced it has agreed to sell all IP and assets of the foundation to Oracle. The agreement is a $1.5 billion...
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Oracle had not offered an competing office productivity software in the past. After the completion of the acquisition of Sun Microsystems, Oracle lay down its office productivity products strategy. A web cast by Michael Bemmer (GM, Oracle Office Global Business Unit), reiterate that OpenOffice.org will remain an open source application and Oracle will remain the main contributor of the...
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