Oracle Now Has Another Rival After EU Approves SAP $5.8 Billion Takeover of Sybase

The EU gave unconditional regulatory approval for SAP’s $5.8 billion takeover of Sybase; giving the world’s largest maker of business software the ability to take the fourth biggest provider of database software to new heights.

“The (European) Commission’s investigation confirmed that horizontal anti-competitive effects are unlikely to occur in any of the relevant markets, notably in the absence of significant overlaps,” the EU competition enforcer said in a statement.

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