Oracle unveils Compute Cloud@Customer to help customers seamlessly manage workloads
Cloud major Oracle on Wednesday announced Oracle Compute Cloud@Customer, a new cloud infrastructure that enables organisations to use Oracle Cloud…
In order to acquire Accenture, Oracle Corporation has hired global specialists and finding out the buying feasibility.
In order to acquire consultancy company Accenture, computer technology giant Oracle Corporation has hired global specialists and finding out the buying feasibility, according to reports.
The consultants will explore ideas that could be implemented to buy Accenture, reports added.
If the acquisition happens, it will not be a big surprise as Oracle has a long history of acquiring firms. Recently Oracle had acquired NetSuite for around $9 billion.
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“Accenture already has partnership of with Oracle and the company was the first to qualify for Oracle's Diamond partner status,” reports stated.
Oracle's Q3 revenue amounted to $9.3 billion on the back of earnings of 69 cents per share. This is a 3 per cent increase from its $9.01 billion revenue and earnings of 64 cents per share in the same quarter previous year.
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