Oracle Corporation announced yesterday that it had completed its acquisition of Sun Microsystems, Inc.

Quote from this page:

This combination transforms the IT industry. With the addition of servers, storage, SPARC processors, the Solaris operating system, Java, and the MySQL database to Oracle’s portfolio of database, middleware, and business applications, we plan to engineer and deliver open and integrated systems—from applications to disk—where all the pieces fit and work together out of the box.

Good or bad for IT industry? Will see. Now we can experience sun.com in red.