Acquisition

In order to restructure the cost after the integration with Sun Microsystem, Oracle is planning to downsize more people across Europe and Asia that is going to be more than triple what the company announced earlier.

In order to compete with Apple's ipad, Amazon bought NY based touch screen technology start up company Touchco.

Oracle chief Larry Ellison remarked after making all of the formalities to buy Sun Microsystem that the combined company is going to produce everything from semiconductors and operating systems to computer servers, databases and accounting software for the use of Data Centers.