Oracle Says Fear of Microsoft Will Drive Its Growth
Feeling the heat of Microsoft's ability to "sell more and charge less," Oracle officials say the company will continue to expand through acquisitions as customers seek to work with a smaller number of IT products and vendors.REDWOOD CITY, Calif.Viewing Microsoft as its most fearsome future rival, Oracle will continue to make strategic acquisitions that bolster its suite of enterprise application software and data management tools, company CEO Larry Ellison said Wednesday. "Why do we fear Microsoft? They sell a lot of products," Ellison said. "The more product you sell, the less you have to charge for it," he said in addressing financial and industry analysts at company headquarters here. If left unchecked, Microsoft Corp. will keep getting bigger and gradually will move deeper into the markets where Oracle Corp. has long been a prominent player, Ellison said. So, Oracle will follow suit to stay ahead of Microsoft. "Our strategy is to get biggersell more, charge less," he said.
Oracle is also focused more than ever on competing head-to-head with Microsoft in database software sales, Oracle chairman Jeff Henley said.