REDWOOD SHORES, Calif. -- Sun Microsystems (Quote, Chart)will become an Oracle (Quote, Chart)OEM as part of a ten-year agreement the companies announced on Tuesday.
Oracle CEO Larry Ellison and Sun CEO Scott McNealy held a "town hall" meeting for employees, analysts and media to lay out the details of the strategic partnership.
Sun will distribute the Oracle Database Enterprise Edition with its Solaris operating system, along with one year of support from Oracle, in a licensing deal that makes it essentially free. At the same time, Sun will move its entire company onto Oracle ERP software.
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