Oracle CEO Larry Ellison has remade the company via acquisitions. Oracle has acquired a bevy of companies such as Siebel Systems, PeopleSoft, BEA Systems and others to become a significant applications player. Meanwhile, Oracle remains the database leader and displays strength in middleware. Oracle's next frontier: Hardware. The acquisition of Sun Microsystems could position Oracle as "T.J. Watson's IBM" or be a big headache.
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As a result, Oracle shares started to tumble by as much as 8.4 percent in after-hours trading, according to MarketWatch.
According to reports, the enterprise software giant is close to finalizing the acquisition, which would be its largest since the $5.7 billion takeover of Sun Microsystems.
The latest worldwide software market share results from Gartner shows Australia's application software revenue grew 7.7 percent to AU$3.5 billion in 2013.
Oracle says the data management tool helps researchers automate the data load and standardize disparate data sets.
Oracle's 12c database with in-memory option, cloud offerings and applications have analysts upbeat -- for now.
Because of the number of firms using its databases, Oracle has high hopes for its in-memory database architecture.
If Oracle can stop rivals in their tracks on the real-time analytics front, the company's database -- under fire from open source alternatives -- will keep customers for multiple investment cycles.
Release 4 of Oracle's Enterprise Manager 12c set of datacentre infrastructure tools seems locked on helping firms run databases in private clouds.
Australian businesses are paying in excess of AU$1 million in unbudgeted fees as a result of being found for using software beyond licencing agreements.
MySQL Fabric is designed to make scaling and the managing of MySQL databases simpler for the enterprise.
Oracle will utilize Nuance Cloud Services to give speech recognition and synthesis to a range of Oracle enterprise mobile apps.
Oracle won $1.3 billion against SAP, but that was later thrown out by a district judge. Oracle wants that reinstated, but the third court to look at the case appears wary.
UPDATED: A U.S. appeals court said Oracle can be granted copyright protection in parts of Java in a battle with Google over Android's inclusion of the code.