Seeking Alpha

Oracle Corporation (ORCL)

  • Nov. 12, 2010, 2:37 PM
    Google (GOOG) has come out swinging in court against Oracle (ORCL), which claims Android violates its Java patents. Google recently charged Oracle offered doctored code as evidence, and its Java patents are invalid and have been misused. Ultimately, though, what's really on trial is Java's future, says an analyst.
    | Comment!
  • Nov. 10, 2010, 5:50 PM
    Among this year's most outrageous CEO perks: $772,000 to cover the underwater mortgage on a home sale for Delta Air Lines' (DAL) Richard Anderson, $1.4M in security services for Oracle's (ORCL) Larry Ellison, $1.3M in job relocation expenses for Boston Scientific's (BSX) Ray Elliot. And there's plenty more.
  • Nov. 10, 2010, 3:01 PM
    Oracle's (ORCL) relationship with its sizable government Sun hardware channel network is strained. After buying Sun in January, Oracle's immediate cancellation of a government rebate program has wreaked havoc in that channel. Maybe Oracle doesn't get hardware - even if some resellers admit Oracle has a "better marketing approach" than Sun did.
    | Comment!
  • Nov. 10, 2010, 11:10 AM
    Open source standard maker Apache Software Foundation has threatened to drop its Java support because of Oracle's (ORCL) heavy-handed tactics with it. If so, "Oracle could be left with a proprietary technology everyone has abandoned," notes an observer.
    | Comment!
  • Nov. 10, 2010, 10:42 AM
    Arguably, SAP (SAP) is $500M richer, following a judge's decision to reduce Oracle's (ORCL) requested damages from SAP's software theft to $1.6B. Oracle argued SAP's copyright infringement might have cost it as much as $4B. The case must still go before a jury, however.
    | Comment!
  • Nov. 9, 2010, 10:51 AM
    Hewlett-Packard's (HPQ) new CEO Leo Apotheker is at the "center" of Oracle's (ORCL) ongoing software piracy case against SAP, claimed an Oracle lawyer. Oracle even hired a private eye to find the elusive Apotheker in the hopes of serving him a subpoena to testify. SAP and H-P see Apotheker as being only tangential to the case.
    | Comment!
  • Nov. 8, 2010, 4:19 PM
    Oracle (ORCL) blasted SAP's (SAP) offer to settle an ongoing software theft suit for $40M. In court today, Oracle CEO Larry Ellison said SAP could have cost Oracle as much as $4B - something SAP's lawyers doubt, as only 350 customers defected to SAP. Nevertheless, one Oracle executive said forcing SAP to pay only $40M would be a "reward for their bad behavior, frankly."
  • Nov. 8, 2010, 12:15 PM
    Oracle (ORCL) CEO Larry Ellison has taken the stand in the company's ongoing software-theft trial against SAP; he says the cost for SAP to license the software at issue could have been $4B.
    | Comment!
  • Nov. 6, 2010, 7:00 AM
    The newly revealed allegation from the accuser that brought about Mark Hurd's downfall at Hewlett-Packard (HPQ): that in 2008, Hurd told her of a still-secret multibillion-dollar plan to buy Electronic Data Systems. Also: stories of a board with lists arguing for Hurd "Staying" and "Departing," which they presented to Hurd during his final days at the company.
  • Nov. 5, 2010, 3:30 PM
    A shareholder of online marketing software developer Art Technology Group (ARTG) is suing to block its $1B takeover by Oracle (ORCL). Oracle paid a 46% premium when it announced the bid Nov. 2, but shareholder shareholder Gary Cronenwet insists the price "does not adequately value ATG shares."
    | Comment!
  • Nov. 4, 2010, 2:53 PM
    Oracle (ORCL) CEO Larry Ellison will testify next week during an ongoing trial against SAP (SAP), says an Oracle attorney. There is also a subpoena for new Hewlett-Packard (HPQ) CEO Leo Apotheker, the former head of SAP, to testify. HP has refused to accept the subpoena, claiming it amounts to harassment.
    | Comment!
  • Nov. 3, 2010, 5:10 PM
    Oracle (ORCL) and SAP agree to a partial settlement in their legal dispute over theft of intellectual property. Oracle would receive $120M from SAP to cover legal costs while agreeing not to pursue punitive damages. Oracle still could pursue damages related SAP’s acknowledged copyright infringement, which could reach $2B.
    | Comment!
  • Nov. 2, 2010, 8:55 AM
    Oracle (ORCL) will pay $1B, or $6/share, for Art Technology Group (ARTG). ARTG +46.8% to $6.01. (PR)
    | Comment!
  • Oct. 29, 2010, 10:23 AM
    SAP says it won't contest Oracle (ORCL) allegations that it contributed to copyright infringement committed by a discontinued unit, a move it hopes will prevent the upcoming trial from becoming a "media circus" focused on Larry Ellison's "obsession" with H-P's (HPQ) CEO. SAP "has finally confessed it knew about the theft all along," Oracle retorts.
    | Comment!
  • Oct. 27, 2010, 3:11 PM
    Oracle's (ORCL) Larry Ellison escalates the trash talk before next week's courtroom battle against SAP. His target (again) is former SAP head Leo Apotheker, recently named CEO of Hewlett-Packard (HPQ), another Oracle archrival. Ellison suggests that H-P chairman Ray Lane is allowing Apotheker to delay his CEO start so he can avoid testifying since he can't be subpoenaed while in Europe.
    | Comment!
  • Oct. 24, 2010, 4:02 PM
    Big companies are quickly adopting cloud computing, writes Barron's, which is great news for computer-service providers like AMZN, GOOG and MSFT, but could spell disaster for Corporate America's hardware and software suppliers. Those with the most to lose: HPQ, DELL, ORCL, CSCO, IBM.
ORCL vs. ETF Alternatives
Company Description
Oracle Corporation develops, manufactures, markets, hosts and supports database and middleware software, application software, cloud infrastructure, hardware system including computer server, storage and networking products and related services.
Sector: Technology
Country: United States