Cloud Computing: Oracle’s hardware hangover continues
Grazed from GigaOM. Author: Barb Darrow.
Oracle’s still fighting to recover, recoup and profit from its $7.4 billion buyout of Sun Microsystems three years ago. In its first quarter, Oracle’s overall hardware business was off 24 percent year over year despite “triple-digit growth” in engineered systems like Exadata.
Oracle’s plan to wring software-like profit from its hardware business still hasn’t panned out nearly three years after it bought Sun Microsystems’ server-and-storage business for $7.4 billion. And that’s got to bug CEO Larry Ellison who is a bear on execution and profitability…


The OpenStack Foundation has officially launched boasting $10 million in funding and 5,600 members. The OpenStack community has announced the formal launch of the new OpenStack Foundation to continue to promote the development and adoption of the open-source OpenStack cloud software.