Stock crash or no, software giant Oracle late last week said it was sticking to its game plan and that meant more acquisitions.
SAP has no plans to join Oracle and get involved in the megamerger game.
SAP announced Monday its third-party support and maintenance company TomorrowNow, which is embroiled in a legal battle with archrival Oracle, may be put up for sale.
Microsoft on Thursday said it has acquired privately held Stratature, a company that specialises in so-called master data management software.
Larry Ellison said engineering rather than deal-making will be Oracle's top priority over the next two years as the company prepares for an increasingly competitive business applications market.
OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
The rivalry is nothing new, but Ellison's acquisition strategy is infusing it with new vigour -- and may redefine an industry.
A user conference in Melbourne almost goes pear-shaped for Oracle.
Software maker Oracle said on Monday it will acquire rival Siebel Systems in a deal worth US$5.8 billion, marking the second major competitor the company has targeted since mid-2004.
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