Oracle's CEO Larry Ellison said a few years ago there are too many software companies, especially, in Silicon Valley and most of them don't deserve to exist, implying they should either go out of business or be acquired. In the past four years, Oracle has spent over $24 billion acquiring companies of the likes of Agile, Hyperion, Peoplesoft, Portal Player, Octet String, Siebel, Stellent, Sunopsis, TimesTen, Thor Technologies, and others.
Oracle's CEO Larry Ellison has been called many names, but we call him a Take-No-Prisoners Winner. Larry fought the U. S. Department of Justice and won.
We are sure the buying binge isn't over yet.