Saturday, 8 October 2011

Cloud to Help Fuel Growth Without Acquisitions

After gobbling up more than 70 companies in a $40 billion buying spree, any additional large deals would have to clear an “enormous hurdle,” Oracle co-President Safra Catz said yesterday at a meeting with analysts in San Francisco.
The company instead will focus on what it already has, including the Sun Microsystems server business it purchased last year for $7.4 billion. Oracle is packaging its database and business applications into customized computers to entice customers. The company also is touting its new Fusion business applications and a service called the Oracle Public Cloud, which delivers software online via cloud computing

No comments:

Post a Comment