Today, Oracle is moving towards a diversified 24-month shopping spree for more than 30 Enterprises

Source: Internet
Author: User

According to foreign media reports, Oracle CEO Larry herison said that Oracle will continue to take the M & A path. Through mergers and acquisitions, Oracle is no longer the original oracle.

In the past 24 months, Oracle has acquired more than 30 enterprises. These include Renke, Siebel, iFlex, and Agile. "Our goal is to expand the product line, but it is mainly concentrated in specific fields, such as financial services," said Oracle CEO herison. At the same time, we must take the lead in the industry ."

"We have grown into a company worth $10 billion, and the development momentum is good. Through mergers and acquisitions, we can further expand the company's scale without affecting the company's performance. At present, our operating profit remains at around 40%. We are still in the leading position in the banking and CRM fields ."

"Regulatory issues make it increasingly difficult for companies to go public, which lowers the attractiveness of buying small tech companies, that is, there are more sellers than buyers," says herison. Therefore, this is a good time for mergers and acquisitions ."

Through mergers and acquisitions, Oracle's architecture has evolved from a pure software company to a more dispersed enterprise. Each department can absorb the acquired assets without affecting the normal operation of other departments. "The New Oracle is no longer the original Oracle, but it is more like General Electric ."

Obviously, Oracle's M & A process will continue. The current question is not whether Oracle will acquire more enterprises, but which company can complement Oracle and which company has a more reasonable price.

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