Talking about Oracle Corp's plans after the acquisition of the troubled computer server maker, Sun Microsystems, the Oracle chief executive and co-founder Larry Ellison said that he expects the deal to increase the company's revenue by more than two times in a five-year period.

Announcing its post-acquisition plans for Sun Microsystems's Unix systems, Oracle Corp. - in its front-page advertisement in The Wall Street Journal (WSJ) on Thursday - said that it would endorse Sun's hardware product lines, and undertake substantial expenses to develop Sun's Sparc-based servers and Unix-based Solaris operating system.

European Union regulators have applied brakes to Oracle's $7.4bnillion acquisition of Sun Microsystems.

European Union regulators fear that the proposed merger could become lethal for the growth of a free corporate database program as Oracle would gain too much power in the market for database software.

San Francisco - Enterprise software behemoth Oracle is to buy the struggling server company Sun Microsystems for 7.4 billion dollars, the companies announced Monday.

Despite a negligible slip in its second-quarter profit - the first in three years, and largely owing to a stronger dollar hobbling its international sales - Oracle Corp. reassured investors by predicting it would thrive the deepening recession.