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Tuesday, February 9, 2010

Oracle CEO said it would continue its mergers and acquisitions but do not intend to buy Brocad


According to some reports, Oracle CEO Larry Ellison (Larry Ellison) said that yesterday with the continued integration of science and technology market, Oracle will continue to expand the acquisition, and also said no plans to buy data center networking solutions provider Brocade Communications Systems Inc .

Ellison at yesterday's shareholder meeting said: We have to spend a lot of money in places, but when asked if they would buy Brocade, he said there is no interest. Brocade is the largest data storage computer networking equipment manufacturers. An informed source said early this week, Brocade is considering selling the business, while Oracle and hp 530 battery reported a potential buyer. Brocade acquisition will allow Oracle among the network equipment market.

Oracle is the world's second-largest software maker and has acquired over the past five years, more than 50 companies, including spent 10.3 billion acquisition of PeopleSoft software (PeopleSoft). Oracle currently awaiting European Union approval for 7.4 billion U.S. dollars of its acquisition of Sun Microsystems Inc. Transactions. With this acquisition, Oracle will enter the server market, Sun ranked fourth in the field HP 2710p battery.

Ellison said he hoped the EU regulators approve the deal, claiming that there was no plan to discontinue any of Sun's business. He said: Sun of all the assets is very valuable to us and we do not intend to discard any one. In addition, the whole deal, announced the promotion of competition.

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