Oracle Sun: Software customized with hardware

Larry Ellison, the CEO of Oracle Corp has been talking about the company’s future purchase of Sun Microsystems Inc, Ellison said that within five years the merger of two companies would help to more than double revenue. Reuters have taken a closer look at what the CEO had to say.

Oracle Corp is the No.2 business software maker in the world; Ellison said that the decision to purchase ailing Sun Microsystems would help to transform the computer server maker. The joining of the two companies will now see Oracle’s software working with customized Sun hardware; the result will be storage devices with much better performance.

The deal still has some battles to fight, the biggest being from investors, who have yet to embrace the merger. The investors worry that Sun Microsystems will have an adverse effect on Oracle and its margins. Ellison has asked investors to share his vision and accept his plan.

Ellison did admit that profit margins would suffer at first as they will be buying Sun who are losing money at the moment, but he said that its future would be very, very profitably.”