Ellison: It's about survival

It should come as no surprise that Larry Ellison testified that increasing competitive pressure from SAP and the entry of Microsoft into the business applications market spurred Oracle to launch its hostile bid for PeopleSoft. "We felt the only way to survive and prosper was through acquisition," he told a packed federal courthouse. If Oracle doesn't acquire PeopleSoft, does that mean Oracle's survival is in question? I think not...