Oracle says Q2 sales grew at expense of SAP

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Oracle says Q2 sales grew at expense of SAP

Microscope contributor

 

Oracle has increased its software license and product support revenue by 14% to $3.9bn for the second quarter of 2009, at the expense of SAP.

 

According to Charles Phillips president of the software giant, “For the fourth quarter Oracle took massive market share from SAP in every region around the world.”

 

The company expects the European Commission to clear the $7.4bn acquisition of Sun in January, following concessions it made to satisfy regulators earlier this week.

 

Once the deal is completed, Oracle expects to target rival IBM, “Sun’s new SPARC Solaris system and Exadata database machine both run the Oracle database faster than IBM’s fastest computer,” said Larry Ellison, CEO.

 

“We expect Sun to rapidly improve both its market share and margins once this merger closes,” he added.

 

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