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Oracle Booming

As if Larry Ellison, owner of America's largest yacht, didn't already have enough money, his company goes out and increases revenue by 27 percent and profits by 35 percent in its latest quarter.

It turns out the $20 billion Ellison shelled out to buy a bunch of high-end software companies was money well-spent.

What's really interesting is that Oracle is becoming less and less of a database company, and more and more an enterprise application vendor. But what really makes me happy is that Larry has finally stopped mouthing off about Bill Gates!

Posted by Doug Barney on March 26, 2007 at 11:52 AM