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Vertica Launches Cloud-Based Analytic Database »

Vertica Systems has launched the Vertica Analytic Database for the Cloud, an on-demand version of its grid-enabled columnar database hosted on Amazon’s Elastic Compute Cloud (Amazon EC2). The pay-as-you-go offering enables companies to create large, high-performance analytic data marts without upfront datacenter costs and delays.

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Sun Aquires Open Source MySQL Database For $1 Billion »

Sun Microsystems plans to further bolster its software business by adding the MySQL open source database to its arsenal. In a deal that goes a long way to endorse open sources software, Sun is paying $1 billion ($800 million of it in cash) to acquire the Swedish/American company founded in 1995. For investors like Benchmark Capital, Intel Capital and Red Hat, the acquisition means a big return on investment (MySQL had raised a total of $39 million) and avoids the uncertainty of an IPO exit.

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