127 Million Oracle Shares Vote for Open Source at Annual Shareholders Meeting
Nov 12, 2007, 15:15 (0 Talkback[s])
(Other stories by Matt Asay)
Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers
[ Thanks to Matt Asay
for this link. ]
"While seemingly a lot, 127 million shares doesn't add up to
much in Oracle's world. 127,717,018 shares only account for 3.58%
of Oracle's total share count. Last week ~96.5% of Oracle
shareholders voted to reject a resolution that would have forced
Oracle to consider the social and environmental impact of using
open source. No big surprise there.
"But what is very interesting is how much support the resolution
garnered, despite not having much visibility and certainly no
support from the company itself. (Let's just say that Larry
Ellison's 20%+ ownership voted elsewhere...)"