Oracle may acquire industry-specific software
Oracle Corp., facing mounting competition from smaller, “boutique” rivals, may make deals to acquire industry-specific software, co-President Mark Hurd said.
The company is focused on so-called vertical markets, such as financial-services customers, and acquisitions could be a part of that strategy, Hurd said today in an interview. Still, Oracle doesn’t feel the need to make a deal, he said.
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