Oracle boosts software and services revenue with SAP business
Oracle has increased its software licence and product support revenue by 14% to $3.9bn for the second quarter of 2009, at the expense of SAP.
Oracle president Charles Phillips said, "For the fourth consecutive quarter, Oracle took market share from SAP in every region around the world."
The company expects the European Commission to clear the $7.4bn acquisition of Sun in January, following concessions it made to satisfy the regulators earlier this week.
The company expects to target IBM once the acquisition is completed. "Sun's new SPARC Solaris system and Exadata database machine both run the Oracle database faster than IBM's fastest computer," said Oracle CEO Larry Ellison. "We expect Sun to rapidly improve both its market share and margins once this merger closes."
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