Oracle Corp. executives have repeated that more takeovers could follow the company's bid for PeopleSoft Inc. "We'd be interested in buying almost anything," Oracle Chairman and CEO Larry Ellison said at a meeting with financial analysts at his company's Redwood Shores, Calif., headquarters. That is if the price is right, and "almost anything" has its exclusions, Ellison said.
Oracle won't buy Ariba Inc. or Commerce One Inc., vendors of online marketplaces. Also, Oracle looked at buying Legato Systems Inc., but didn't because it felt it couldn't win from Veritas in storage management software, he said.
EMC Corp. has announced a deal to buy Legato in a stock transaction valued at US$1.3 billion. On the database side, Oracle is interested in technologies that will help users reduce cost and fit with its strategy of getting more information into a database, while on the applications side Oracle wants to move further into verticals such as healthcare and retail, executives said.
Join the CIO New Zealand group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.