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BusinessWeek: Oracle’s Open-Source Shopping Spree

Written By
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Web Webster
Web Webster
Feb 10, 2006

“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…”


Complete Story

thumbnail
Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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