Oracle's 'drag' strategy
Is Oracle biting off more than it can chew or is the company??s aggressive acquisition strategy just misunderstood?
To many people, Oracle is first and foremost a database business. Some financial analysts said that Oracle should have dropped its pursuit of PeopeSoft and that getting into a bidding war with SAP over Retek was a mistake.
Ask Oracle president Charles Phillips and he says that they just don't get it.
"What's not widely understood is that being successful in the applications business is probably the best thing for our database business," Phillips said at customer … Read more