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Oracle Gearing Up for More Purchases

Oracle announced US$3.25 billion debt issue this week. Much of the proceeds will be used for “future acquisitions,” a statement says. Cerner, maker of a variety of health care applications, could be one sizable potential purchase. Lawson Software may be in play now that activist investor Carl Icahn has taken a stake in it. Oracle’s recent purchase of Sun Microsystems has made it a player in hardware, meaning “bottom of the stack” purchases could also be on the table.”]

Source: https://www.csoonline.com/article/2125423/oracle-gearing-up-for-more-purchases.html

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