ORACLE CORP - Acquisition streak breeds rationalization for successful apps augmentation

摘要

Was anyone still surprised when Oracle announced in May that it was acquiring product life-cycle management (PLM) vendor Agile Software for USD495 million in cash? It was deal No. 31 in almost as many months, beginning with the bellwether acquisition of PeopleSoft in January 2005. Before that, common industry lore quoted CEO Larry Ellison saying that Oracle wrote software, not checks. But with the PeopleSoft deal, Oracle clearly declared a change in strategic direction.