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Oracle Says Will Catch Up with SAP |
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Written by External Source
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Tuesday, 30 September 2008 |
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Oracle is growing very quickly, investors expect that soon catch up to SAP. One of the devices of this growing is the purchases, like PeopleSoft and Siebel.
SAN FRANCISCO/BOSTON (Reuters)—Oracle Corp moved to reassure investors that its business management software unit is healthy, even after sales dropped sharply in its most-recent quarter, telling investors it will catch up with bigger rival SAP AG. "We expect to catch them since we are growing so much faster than they are," Oracle President Safra Catz said at a financial analyst meeting in San Francisco. This story continues here |