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BusinessWeek: Oracle's Open-Source Shopping Spree

Feb 10, 2006, 14:30 (1 Talkback[s])
(Other stories by Sarah Lacy)

"The open-source community may be in for a jolt. Oracle is plotting what could be the biggest endorsement yet by a mainstream software company for a movement that involves legions of developers across the globe who publish 'open' software distributed freely over the Net, making money instead from support and maintenance. It's a bold bet for a company that gets a healthy chunk of its $16 billion in annual sales from multimillion-dollar software packages deals, but Oracle is ready to spend big on open source.

"Oracle is in talks to buy at least three open-source software companies in deals that could be valued at more than $600 million, BusinessWeek Online has learned..."

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