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