Sun Microsystems announced on January 16th that it is to purchase MySQL for a total of $1 Billion USD, broken down to $800 Million for all MySQL stock and another $200 Million for options. The final process should be happening around Q3 or Q4 of Sun’s fiscal 2008.

I think this is going to mean some big changes, and most of them probably a good thing for an ever-expanding community of open source and enterprise solutions!

You can read more detail of the buyout at the MySQL website.