Home Daily Blitz For Oracle, Money’s Not the Problem. It’s Coping With the Cloud.
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For Oracle, Money’s Not the Problem. It’s Coping With the Cloud.

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nytimes articleThe following is an excerpt from QUENTIN HARDY | July 29, 2016 | Nytimes.com |

REDWOOD SHORES, Calif. — It was not all that difficult for the Silicon Valley software giant Oracle to pay $9.3 billion for a company called NetSuite. But then writing big checks has rarely been a problem for Oracle, which over the last 11 years has acquired dozens of companies in its quest to find more and more customers.

The hard part is now in the hands of Thomas Kurian, a soft-spoken 49-year-old who has to figure out how the new purchase will work with what Oracle already has.

While Lawrence J. Ellison, Oracle’s brash executive chairman, is still an outsize personality at the company he co-founded, Mr. Kurian has been the key figure in Oracle’s attempted reinvention, overseeing sweeping changes in its engineering. That includes the creation of a network of 21 data centers around the world, a project that has cost perhaps $15 billion. NetSuite is Oracle’s first major acquisition intended to tie right into this new global system.

“Money isn’t the problem for us,” said Mr. Kurian, who is Oracle’s president of product development. He added that “between 2004 and 2014 we spent some $40 billion to $45 billion on acquisitions.”

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