Russia approves Oracle, Sun merger with conditions

MOSCOW, March 19 Fri Mar 19, 2010 10:08am EDT

MOSCOW, March 19 (Reuters) - Russia's Anti-monopoly regulator (FAS) said on Friday it has approved a $7 billion takeover of Sun Microsystems JAVA.O by Oracle ORCL.O on condition that Oracle continues to develop Sun's MySQL database. "FAS has reviewed the application and ... has decided to approve the application," the regulator, said in a statement, adding that the approval would only be valid if Oracle continues to develop Sun's MySQL database. (Reporting by Maria Kiselyova; editing by Toni Vorobyova)

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