Why isn't Oracle a bigger player in on-demand software? It doesn't want to be, Ellison told the analysts and investors. "We've been in this business 10 years, and we've only now turned a profit," he said. "The last thing we want to do is have a very large business that's not profitable and drags our margins down." No, Ellison would rather enjoy the bounty of an acquisition spree that handed Oracle a bevy of software companies, hordes of customers, and associated maintenance fees that trickle straight to the bottom line.
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Posted by Tim at July 21, 2008 06:02 PM
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