Oracle: Expect the Acquisition Spree to Continue
If you think Oracle’s acquisition spree is nearly completed, you ought to guess again.
In a research report, Bernstein Research analyst Charles DiBona today asserts that Oracle is almost certainly going to continue spending billions on additional acquisitions. He notes that CEO Larry Ellison last summer projected that the company would hit $50 billion in annual revenue by FY 2012. But he contends that current businesses, growing at an estimated 11.4% compounded, would only bring the total to $34.4 billion by 2012.