All Posts Tagged With: "larry ellison"
Yesterday, Oracle announced its intent to acquire Sun Microsystems for $7.4B. While it is very clear Oracle wants to roll up and control the database software market, Oracle executives also stated their intent to invest in the server (Solaris) and storage businesses with the latter be an “expanding market for us over the years to [...]
Continue Reading
Published by Steve O'Donnell on Friday 31st October 2008, 12:53 | 2 comments | Related | Filed Under
Pillar Data Systems, a San Jose storage company backed by billionaire Larry Ellison, terminated 150 employees today, about 30% of it’s global workforce.
Pillar is making these personnel cutbacks “to weather the storm,” company spokesman Chris Drago said. Ellison did not “mandate” the layoffs but supported the decision, Drago said: “Larry’s fully committed to Pillar and [...]
«
