Oracle is back at it again today, announcing one of the largest acquisitions in company history with the purchase of enterprise resource planning (ERP) company NetSuite for $ 9.3 billion.
Larry Ellison and crew are no strangers to acquisitions. The company has made many over the past few decades. For Ellison though, cloud acquisitions are particularly noteworthy, given that not too long ago he derided the market as a fad.
Watching VMware grow from a being a young silicon valley startup to a formidable force in the enterprise market was interesting. It is one of the fastest growing entities in the history of computing. With a market cap of $ 36B and a revenue of $ 6B, it was positioned as the fifth largest software company by Forbes. Today, VMware is making great strides in data center transformation, hybrid cloud, and end-user computing.