Oracle CEO Safra Catz Pulls No Punches: The Future is Ours
CEO Safra Catz says some are underestimating Oracle in the cloud era yet again, because they don't see the long game the company's playing.
In a rare interview with CNBC at the OpenWorld conference in San Francisco, Catz said Oracle's focus on vertical integration will work in the cloud as it did in enterprise software overall, boosting margins and fueling growth. (Catz shares the CEO title with Mark Hurd; founder Larry Ellison is executive chairman.) The vision question is especially important at this OpenWorld, with Oracle presenting its Platform as a Service vision, which will put it head-to-head with Microsoft and its new CEO Satya Nadella.
Over the course of the conversation, she also dismissed skeptics who have said Ellison is stepping back from the business, or that the shift in executive titles was anything but orderly. She, Ellison, Hurd and others continue to be a smoothly functioning team, she said. "I love these guys."
ON M&A:
On the mergers and acquisitions front, Catz directly answered the question of why Oracle didn't buy Tibco Software, which yesterday announced plans to sell itself to a private equity firm for $4.3 billion.
"Ask yourself: How would Tibco advance ... continue reading
Research Analyst at Information Evolution, Inc.
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