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Wednesday, September 21, 2005

Ellison's ambitions for Oracle | CNET News.com

Ellison's ambitions for Oracle | CNET News.com: "Oracle's chief executive discussed his game plan to grow the software giant from a nearly $15 billion company to a $30 billion behemoth over the next few years--and do so at a pace that maintains a 40 percent operating margin.
'In order to grow at this pace, there'll have to be a couple of acquisitions along the way,' Ellison said during a press conference Wednesday at Oracle OpenWorld. 'The tricky thing is to grow at this rate and maintain a 40 percent operating margin.'
The PeopleSoft merger and Oracle's pending acquisition of Siebel Systems mark two recent megamergers that will help Oracle achieve the $30 billion goal. And the PeopleSoft acquisition has already demonstrated Oracle can undertake large mergers without giving up its 40 percent margins, Ellison said. "

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