Oracle spends USD45b on acquisitions in 10 years


(MENAFN) "Money isn't the problem for us," said Oracle's president of product development. He added that "between 2004 and 2014 we spent some $40 billion to $45 billion on acquisitions."

It was not all that difficult for the Silicon Valley software giant Oracle to pay $9.3 billion for a company called NetSuite. But then writing big checks has rarely been a problem for Oracle.

That includes the creation of a network of 21 data centres around the world, a project that has cost perhaps $15 billion. NetSuite is Oracle's first major acquisition intended to tie right into this new global system.


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