Quite a day for news as we complete our first annual Spring eXchange in London. First, the news that Sun Microsystems acquired MySQL, and then the long anticipated acquisition of BEA Systems by Oracle. Before commenting any further, I want to congratulate all of our friends at MySQL, especially Mårten Mickos, and all of our friends at BEA. The trend of consolidation in this industry is increasing.
As an open source company, we are thrilled to see MySQL rewarded for their effort. We have seen how hard Mårten and his colleagues have worked to build their software, community and a strong business, benefiting countless developers in the process. They have been among the pioneers of open source. More importantly, we have appreciated the counsel and advice the MySQL folks have given us as we build our business in northern California and around the world. Their success is well earned and we wish them all the success in the world in their new endeavors.