Industrials

Oracle Toyed with the Idea of Buying RIM, Palm (ORCL, RIMM, HPQ, AAPL, GOOG)

In testimony in the copyright infringement case brought by Oracle Corp. (NASDAQ: ORCL) against Google Inc. (NASDAQ: GOOG), Oracle CEO Larry Ellison said that his company considered buying smartphone makers Research in Motion Ltd. (NASDAQ: RIMM) and Palm, later acquired…

By Paul Ausick
Published April 17, 2012, 3:21pm ET · 1 min read

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In testimony in the copyright infringement case brought by Oracle Corp. (NASDAQ: ORCL) against Google Inc. (NASDAQ: GOOG), Oracle CEO Larry Ellison said that his company considered buying smartphone makers Research in Motion Ltd. (NASDAQ: RIMM) and Palm, later acquired by Hewlett-Packard Co. (NYSE: HPQ), to contend in the smartphone field dominated by Apple Inc. (NASDAQ: AAPL) and Google.

Ellison said that Oracle subsequently decided that smartphones were not a good fit for the database software company.

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Paul Ausick

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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