About a year ago, Oracle started hiring aggressively in Europe, and as a result, has simply generated more leads, according to Hurd. Deals may still be difficult to close, but Oracle is simply engaged in more of them, so the numbers went up, he said.
That said, the market will get another telling indicator of IT spending health in Europe next month, when Oracle rival SAP is expected to report its fourth-quarter and year-end results.
Will Oracle make a big acquisition?: Oracle is well known for its long history of acquisitions, both in terms of big-bang deals like the Sun purchase as well as an extensive string of smaller, niche buys.
If Oracle wants to make a Sun-level splash sometime soon, it certainly has the means, ending the second quarter with about $34 billion in cash and marketable securities.
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