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"Today's acquisition reaffirms Sun's position at the center of the global Web economy. Supporting our overall growth plan, acquiring MySQL amplifies our investments in the technologies demanded by those driving extreme growth and efficiency, from Internet media titans to the world's largest traditional enterprises," said Jonathan Schwartz, CEO and president, Sun Microsystems. "MySQL's employees and culture, along with its near ubiquity across the Web, make it an ideal fit with Sun's open approach to network innovation. And most importantly, this announcement boosts our investments into the communities at the heart of innovation on the Internet and of enterprises that rely on technology as a competitive weapon."
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The company garnered about $50 million in revenue in 2006, Mickos said in an interview at the MySQL Conference and Expo here. That compares with $6.5 million in 2002 and about $34 million in 2005, according to earlier figures Mickos cited in a speech two years earlier. Of the company's bottom line, Mickos said, "Profitability isn't a specific goal yet, but we aren't burning cash. We go a bit above breakeven, a bit below breakeven."