We mentioned how Oracle is reducing its work force by 1% and that it is looking at cost reduction. Bloggers and journalists have questioned this move - yet it seems Oracle is prepared for further downturn that will actually affect their business.
It's purchase of Sun Microsystems indicated significant growth for the company, yet Sun warns for its final quarter before the Oracle acquisition likely to be down 30% on last year's figures.
We are however still waiting for approval from the US authorities on the Oracle acquisition as investigations continue around Java licensing, it is expected the EU will do the same.
It's purchase of Sun Microsystems indicated significant growth for the company, yet Sun warns for its final quarter before the Oracle acquisition likely to be down 30% on last year's figures.
We are however still waiting for approval from the US authorities on the Oracle acquisition as investigations continue around Java licensing, it is expected the EU will do the same.
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