Last week, Larry Ellison’s Oracle publicly challenged IBM in the hardware space. CNBC-TV18’s Kritika Saxena reports that Oracle has laid out its plan of action for India, once the integration of Sun Microsystems is complete.
After publishing a rather boisterous advertisement in papers across the world last week, threatening to walk over IBM’s market share, Oracle now plans to put its words into action. Large investments will be made globally to develop Sun’s hardware capability.
In India, Rs 1000 crore will be invested between December 2009, and December 2010. These funds will go into developing Sun’s hardware products like Solaris, SARC and other areas like disk systems storage, microelectronics and networking. Sources say that Oracle may also be looking at hiring 600-700 employees in Sun to add to its current headcount of 1,500.
Once the European Commission clears the acquisition, Oracle and Sun will make a joint pitch to clients, offering software services, as well as hardware functions. Separately, Oracle may also look at making an open offer for its subsidiary Oracle Financial Services in the next two to three quarters. Oracle did not respond to CNBC-TV18′s queries on the possibility of an open offer.
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