Red Herring: Sun Snares Open-Source Firm for $1B

Sun has embraced the open source movement, creating communities of developers around its Java, Solaris and Open Office software products. Mr. Roberts said that since his company's founding in 2004, it has used database software from MySQL, whose offices are both in Cupertino, California. MySQL also has headquarters in Sweden, where it was founded. "Personally, I believe they would have had a strong IPO," he said, noting that his own company could test the IPO waters in about two years.

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