Oracle Becomes Second Largest Software Company In The World

Quarterly results are in, and the news is great! Oracle has surpassed IBM in software sales and moved into the #2 slot. Over the last four quarters, Oracle reported software revenue of $27.8 billion to IBM's $25.7 billion for its last four quarters. "We will continue to develop innovative software products and related cloud services in pursuit of becoming number one," said Oracle President and CFO Safra Catz. Read more.

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