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News out of Oracle has been relatively positive for the past few months. Back in November, the company was seen reaching for the cloud with its acquisition of Instantis — a move to help the company stay competitive with SAP (NYSE:SAP), which has also been targeting the cloud.
More recently, Oracle appeared to fare the fourth quarter better than competitor SAP. The Oracle saw a 17 percent increase in software revenue for the quarter, while Oracle fell below expectations with only a 12 percent rise in group revenue. However, SAP may have been weighted down by its $7.7 billion acquisition of web-based computing companies Ariba and SuccessFactors…
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