Q+A-What are Larry Ellison's plans for Sun Micro?

Reuters.com (May 10 2009) Monitoring

1. BOSTON, May 7 (Reuters) - Oracle Corp (ORCL.O) Chief Executive Larry Ellison shook up Silicon Valley last month when he made a surprise move to enter the hardware market by acquiring computer maker Sun Microsystems Inc (JAVA.O). Some analysts speculated that Oracle, the world's largest database software maker, actually wants Sun's software assets and that it might eventually sell off the hardware business. Below are Ellison's comments on his rationale for buying Sun and strategy for turning around the struggling company. Ellison supplied his answers to Reuters questions via email. Q. Why does Oracle, a company that prides itself on high margins, want to get into the low-margin hardware business? Are you going to exit the hardware business? (Read Full Article)

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