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European regulators OK Oracle-Sun deal The European Commission has granted regulatory approval for Oracle Corp. to acquire Sun Microsystems Incorporated for approximately $7.4 billion. In a statement issued Thursday, Oracle (Nasdaq: ORCL) said it expects additional approval from China and Russia, and it intends to close the transaction shortly. Santa Clara, Calif.-based Sun Microsystems (Nasdaq: JAVA) employs about 3,000 people at its campus in Broomfield. Officials from both companies are not releasing how the acquisition will impact the number of jobs in Broomfield. Oracle will host an all-day live event for customers, partners, press and analysts at 10 a.m. Wednesday, Jan. 27 at its headquarters in Redwood Shores, Calif. The approval comes after an in-depth antitrust investigation opened in September amid concerns that Oracle's acquisition of MySQL, Sun's open-source database, would stifle competition in the database market. In August 2009, the Department of Justice OKed the deal. According to an Oracle press release, the commission's investigation showed that although MySQL and Oracle compete in certain parts of the database market, they are not close competitors in others, such as the high-end segment. Given the open source nature of MySQL, the commission also assessed Oracle's ability and incentive to remove the constraint exerted by MySQL after the merger and the extent to which this constraint could, if necessary, be replaced by other actors on the database market. "I am now satisfied that competition and innovation will be preserved on all the markets concerned. Oracle's acquisition of Sun has the potential to revitalize important assets and create new and innovative products," said Neelie Kroes, the European Commission's antitrust commissioner. The database market is highly concentrated with the three main proprietary database vendors: Oracle, IBM and Microsoft, accounting for approximately 85 percent of the market in terms of revenue, the commission added. Irrigation firm moving to Longmont LONGMONT - An Australian irrigation technology company is moving its U.S. headquarters to Longmont. Irrigation Water Technologies America Incorporated is moving from Colorado Springs to Longmont after signing a lease for 12,000 square feet at 1200 S. Fordham Road. The privately owned company expects to move in late January and will bring 11 employees here. "IWT America chose Longmont because of its proximity to the Front Range labor market as well as its atmosphere and reasonable cost of living," said Collis Woodward, the company's chief financial officer. Irrigation Water Technologies America Incorporated sells its products under the trade name KISSS, which is a system that uses capillaries to deliver water directly to the root zone of sport fields, commercial properties, green roofs, and public and private parks. As a result, the system uses less water than conventional, or even drip, sprinkler systems. The system can also reduce fertilizer requirements and runoff by sending it directly to the root zone. IWT America works with businesses and municipalities across the United States, Mexico and Canada with projects including green roofs on the Clinton Presidential Library in Little Rock, Ark. and the Target Center in Minneapolis, Minn. Odeum books Denver Roller Dolls BROOMFIELD - The sport of roller derby is coming to Broomfield's Odeum Colorado. Kroenke Sports Enterprises and AEG Live Rocky Mountains said Thursday that they finalized a deal to bring seven home games of the Denver Roller Dolls to the 6,500-seat event center in Broomfield. The Saturday roller derby games would start at 7 p.m. on March 20, April 17, May 8, June 12, Aug. 21, Sept. 18 and Oct. 16. Tickets will go on sale Feb. 20. Kroenke Sports Enterprises and AEG Live Rocky Mountains recently took over operations at the former Broomfield Event Center, renaming the facility Odeum Colorado in December. Since then they've announced new concerts such as Furthur and Muse and sporting events such as UFC and now the Denver Roller Dolls. "People will really be surprised at the athleticism and excitement of these roller derby bouts," said Chuck Morris, chief executive and president of AEG Live Rocky Mountains. "It's going to be some of the most fun and exciting nights out in the region." The Denver Roller Dolls is a skater-owned and operated nonprofit organization. Catamount to begin phase 2 at SoLa LAFAYETTE - Catamount Constructors Incorporated is set to begin the second phase of site work on 83 acres for SoLa, a mixed-use commercial development located north of Exempla Good Samaritan Medical Center in Lafayette. SoLa's site work, valued at $10 million, includes the utility and roadway infrastructure to support a master mixed-use development that will include 23 acres of institutional/office, 30 acres of residential and 29 acres of commercial. The institutional portion will be a quality of life center with multiple acres designed to complement the medical facilities, and the residential portion will include 540 apartment units. The commercial portion is designed to include a variety of uses including retail strip centers, restaurants, a pub, a bank and two hotels including the Marriott and Hilton brand products. Infrastructure construction is under way with commercial development scheduled to begin as early as May. The project, one mile north of E-470 at the intersection of Highway 287 and Highway 42, is owned by SoLa LLC, comprised of capitol investors Tom Vongillern, Akshay Mahadevia, Craig Tillman and Terry Baner. SoLa is designed by Boulder-based Hurst and Associates and master developed by Raufeisen Development Company based in Rock Island, Ill. Dance group to expand in Broomfield BROOMFIELD - Ballet Nouveau Colorado plans to expand its facility in Broomfield to accommodate growth in the number of students wanting to attend its ballet school. The dance organization consists of The School of Ballet Nouveau Colorado, which has nearly 300 students; a 12-member contemporary ballet company, and an outreach program that reaches 20,000 individuals yearly. Plans are to add 3,500 square feet to its current 8,500-square-foot facility. Expansion will include two studios bringing the total to five, an education office and remodel the costume department. Ballet Nouveau plans to $45,000 in this effort. Construction is scheduled to begin in June. "We are committed to providing each student with the training that he or she deserves," said Julia Wilkinson Manley, director of the school. "And this expansion is part of preserving that commitment." Community Calendar Finding, Pitching and Closing Investors Boot Camp will be presented from 8:30 a.m. to 12:30 p.m. on Saturday, Jan. 23, at the Wolf Law Building, 2450 Kittredge Loop Road in Boulder. Workshop focuses on insider tricks-of-the-trade to find, pitch and close investors. Speaker is Michael Bissonnette, founder and former CEO and chairman of AeroGrow International Incorporated Cost is $119. Contact Jan Wagner at 303-666-4133 or jan@davinciinstitute.com. A team of economic development and industry experts from around Colorado will conduct a Community Economic Development Assessment for the community of Niwot on Monday, Jan. 25. The team will meet with community leaders, business owners, government leaders and local residents. Interested members of the public are encouraged to attend an input session from 1 to 2:30 p.m. and a presentation of findings and recommendations at 5 p.m. Both meetings will be held at the Left Hand Grange at Second and Franklin avenues in Niwot. For more information, contact Megan Davis at 303-441-3562 or medavis@bouldercounty.org .

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