Oracle Becomes Second Largest Software Company in the World

Oracle Becomes Second Largest Software Company in the World

ID: 307002

IBM Falls to Third


(firmenpresse) - REDWOOD SHORES, CA -- (Marketwired) -- 10/17/13 -- Oracle (NYSE: ORCL)



Given IBM's recently announced quarterly results, we would like to take this opportunity to point out that Oracle's software business has been growing faster than IBM's software business and now Oracle has moved up to become the number 2 software company in the world while IBM has slipped to number 3. Over IBM's last four quarters, they reported software revenue totaling $25.7 Billion, while during Oracle's last 4 quarters, we reported software revenue totaling $27.8 Billion.



"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.









Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit .

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.



Deborah Hellinger
Oracle Corporate Communications
+1.212.508.7935


Ken Bond
Oracle Investor Relations
+1.650.607.0349



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Bereitgestellt von Benutzer: Marketwired
Datum: 18.10.2013 - 00:54 Uhr
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News-ID 307002
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