Oracle (ORCL +0.5%) acquires Nimbula, a developer of software for managing private clouds. The...

Oracle (ORCL +0.5%) acquires Nimbula, a developer of software for managing private clouds. The purchase gives Oracle some technology and talent as it tries to develop a soup-to-nuts cloud solution for enterprises, and in doing so take on Microsoft, VMware, Amazon, and the OpenStack consortium. GigaOm's Derrick Harris likes the move, given Oracle's current private cloud strategy "seems hinged on selling big, expensive, over-engineered systems with some legacy Sun Microsystems and Oracle software cobbled together."

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Comments (2)
  • Antoine Hepburn
    , contributor
    Comments (11) | Send Message
    To understand how IT companies use fraud, insider trading, manipulation, deceit, and various legal and accounting schemes as part of a corporate acquisition, I cannot recommend enough, "High-Tech Planet: Secrets of an IT Road Warrior" written by a former Oracle executive who saw it all. It is available on Amazon where you can read the first chapters for free.


    It is a funny, brilliant and insightful account of what goes on behind the scenes at software companies. It describes in details these questionable practices. I got an education when I read it and from now on, as financial analyst, I am very wary of all the hype surrounding M&As
    13 Mar 2013, 04:25 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (6924) | Send Message
    That's a nice graph. It looks almost exactly like the beginning of an exponential curve.;c=
    14 Mar 2013, 08:14 AM Reply Like
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