Oracle Toyed with the Idea of Buying RIM, Palm (ORCL, RIMM, HPQ, AAPL, GOOG)
April 17, 2012 by Paul Ausick
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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