Oracle on ‘build and buy’ binge

Oracle on ‘build and buy’ binge
Oracle last week concluded its bid for Siebel Systems, adding the customer relationship management (CRM) software company to its string of acquisitions in the past 12 months.

Oracle president Charles Phillips says the strategy of “build and buy” is set to continue.

“We’ll be doing more acquisitions, but they are likely to be relatively small because there are few large companies left to buy,” Phillips told journalists in Cape Town on Saturday.

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