Tuesday 2 October 2012

Oracle's Ellison focused on Cloud, not deals

Oracle CEO Larry Ellison delivers his keynote address at Oracle Open World in San FranciscoBOSTON/SAN FRANCISCO (Reuters) - Oracle Corp CEO Larry Ellison said he intends to drive growth at the world's No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition. The billionaire, who boosted Oracle revenue dramatically over the past decade through a series of purchases, said, however, he would not rule out a big deal "down the road". "We're not focused on any large acquisitions. ...


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