Will Dell and Oracle Be Strong Buddies?

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

After one big breakup, a new romance has kindled, as Oracle (NASDAQ:ORCL) and Dell (NASDAQ:DELL) have formed a partnerships to help each other where they have been struggling.

Oracle previously had a tight relationship with Hewlett-Packward (NYSE:HPQ) — the world’s biggest PC maker — but that relationship went south when Oracle announced its ambition to acquire a different hardware company. Because HP is a hardware company, Oracle’s acquisition would put the companies at odds and into competition.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

In 2010, Oracle went ahead with the acquisition of Sun Microsystems. It paid $7.5 billion to get the hardware maker. On top of that, it quickly soured the partnership with HP. And on top of that, after Mark Hurd was removed from his role as chief executive officer of HP, Oracle hired him. And to top it all off, Oracle also decided to neglect HP’s machine by not supplying some of its servers with database software.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business