Oracle’s Cloud Startup Shopping Spree is Imminent

July 3, 2014 Off By David
Object Storage

Grazed from CloudWedge. Author: Editorial Staff.

Cloud analysts are buzzing about the possibility of Oracle buying up smaller ventures in efforts to extend its own cloud computing endeavours. Reports indicate that Oracle intends to sell $10 billion in bonds which will raise cash for what many analysts are dubbing a cloud startup shopping spree. The database giant has not been shy about acquiring smaller outfits. It seems as if this strategy seems to benefit Oracle’s cloud ambitions.

As the world of cloud services begin to mature, Oracle must fill up its portfolio with cloud companies that give Oracle a presence in emerging cloud verticals. How does Oracle plan on utilizing this 10 billion dollar infusion? That’s still up for debate but when you look at what Oracle currently has in its cloud portfolio; it is easy to see what Oracle is missing…

For example, Oracle is missing an IoT cloud service within its portfolio. There are plenty of candidates for Oracle to snatch up but many of the market leaders will fetch at least a billion at the time of sale. CIO mentions that Jasper, Axeda and Aeris Communications could become targeted for buyouts by a company such as Oracle. An IoT acquisition could match up nicely with much of the existing infrastructure and technology that Oracle has at its disposal…

Read more from the source @ http://www.cloudwedge.com/2014-oracles-cloud-startup-shopping-spree-is-imminent/