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TOPIC ON: ORACLE AND LARRY ELLISION

HISTORY

ORACLE Corporation (NASDAQ: ORCL) is an American multinational computer technology corporation that specializes in developing and marketing enterprise software products particularly database management systems.

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Larry Ellison (CEO) Jeffrey O. enley (Chairman) Safra A. Catz (President) ark urd (President) Products Oracle Database Oracle usion iddleware Oracle Applications Oracle Enterprise anager Oracle inancials Revenue

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ORACLE FINANCIALS REVENUE $26.82 BILLION (2010) OPERATING INCOME $9.05 BILLION(2010) NET INCOME $6.14 BILLION (2010) TOTAL ASSETS $60.31 BILLION (2010) TOTAL EQUITY $31.2 BILLION (2010) EMPLOYEES 105,000

Founded IN T E YEAR . ead uartered in Redwood Shores, California, NITED STATES OF A ERICA. It has enlarged its share of the software market through organic growth and through a number of high-profile ac uisitions. y2 Oracle had the third-largest software revenue, after icrosoft and I .

LARRY ELLISION

Lawrence Joseph "Larry" Ellison (born August , 44) is an American business magnate, co-founder and chief executive officer of Oracle Corporation, a major enterprise software company.

As of 2 he is the sixth richest person in the world, with a personal wealth of S$28 billion

Early life:Larry Ellison was born in New York City to Florence Spellman, a -year-old unwed Jewish mother. At his mother's re uest, he was given to his mother's aunt and uncle in Chicago to raise. Lillian Spellman Ellison and Louis Ellison adopted him when he was nine months old. Ellison did not learn the name of his mother or meet her until he was 48; the identity of his father is unknown

As of 2 Larry Ellison, a co-founder of Oracle Corporation, has served as Oracle's CEO throughout its history. Ellison also served as the Chairman of the oard until his replacement by Jeffrey O. enley in 2 4. Ellison retains his role as CEO. On August 22, 2 8 the Associated Press ranked founder Larry Ellison as the top-paid chief executive in the world

In , Oracle laid off % (about 4 people) of its work force because of a mismatch between cash and revenues. This crisis, which almost resulted in Oracle's bankkruptcy, came about because of Oracle's "up-front" marketing strategy, in which sales people urged potential customers to buy the largest possible amount of software all at once.

Today Oracle's main competition for new database licenses on NIX, Linux, and indows operating systems is with I 's D 2, the open source database ySQL, and with icrosoft SQL Server (which only runs on indows).

CEO OF SUN MICROSYSTEM BEING WELCOMED BY LARRY ELISSION AT A MEETING..

Oracle has established itself since 2 st century which aimed at dominancy in information technology Ellison owns stakes in Salesforce.com, NetSuite, Quark iotechnology Inc. and SuperGen.