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October 15, 2008 5:30:43 PM CDT

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Stories related to: Larry Ellison

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10 Stories

  • October 2008
  • January 2008

    • Oracle Wins BEA With Sweetened $8.5B Bid

      Bloomberg  |  Jan 16, 08 7:51 AM CST

      Oracle Wins BEA With Sweetened $8.5B Bid

      (Newser) - Business software maker Oracle continued its yearlong buying spree, closing a contentious deal with middleware maker BEA Systems after raising its offer to $8.5 billion, or $19.38 a share, Bloomberg reports. In October, Oracle offered BEA $6.7 billion, or $17 per share, and was rejected. Instead BEA, one of the Silicon Valley's last midsize independents, demanded what Oracle termed an "impossibly high" $21. More »

      Tags

      Nasdaq  • acquisitions  • Silicon Valley  • software  • Oracle  • BEA Systems  • Larry Ellison  • middleware

  • December 2007

    • NetSuite IPO Brings Market Early Christmas Gift

      Wall Street Journal  |  Dec 21, 07 6:19 AM CST

      NetSuite IPO Brings Market Early Christmas Gift

      (Newser) - Online software provider NetSuite reminded Wall Street of the good old days yesterday as the year’s final IPO scored a 36.5% increase over its opening price, reaching $35.50 by the NYSE closing bell, reports the Wall Street Journal . The company, backed by Oracle CEO Larry Ellison, in the last week doubled its target price from near $13 to $26. More »

      Tags

      IPO  • Larry Ellison  • NetSuite

    • NetSuite Doubles IPO Price

      MarketWatch  |  Dec 20, 07 5:11 AM CST

      NetSuite Doubles IPO Price

      (Newser) - On-demand software vendor NetSuite has doubled the price on its IPO after a Dutch-auction-style bidding war over the past two days saw investor interest surge. After originally pricing the offering at $13-$16, NetSuite bumped it to $16-$19 Tuesday and then $19-$22 yesterday. Late last night the company set a target at $26 for today’s sale, MarketWatch reports. More »

      Tags

      IPO  • Oracle  • Larry Ellison  • NetSuite

    • Oracle Blasts Forecasts With 35% Profit

      Bloomberg  |  Dec 19, 07 6:25 PM CST

      Oracle Blasts Forecasts With 35% Profit

      (Newser) - Database software-maker Oracle surprised analysts today, reporting its income surged 35 percent in the second quarter to $1.3 billion, thanks to the success of new programs and customer-support contracts. Experts had expected sales of approximately $5.03 billion, Bloomberg reports, but the company boasted sales of $5.36 billion—pulling in a profit of 25 cents per share. More »

      Tags

      Silicon Valley  • software  • Oracle  • tech stocks  • Larry Ellison  • database

    • Ellison-Backed IPO Wraps '07

      Wall Street Journal  |  Dec 17, 07 7:40 AM CST

      Ellison-Backed IPO Wraps '07

      (Newser) - On-demand software company NetSuite goes public this week with an offering likely to draw the bulk of attention in an otherwise quiet finale for IPOs. Only three firms will go to market, compared to eight in last year’s final week. Oracle CEO Larry Ellison’s NetSuite hopes to raise $100 million, despite never having been profitable, reports the Wall Street Journal. More »

      Tags

      IPO  • Oracle  • Larry Ellison  • NetSuite

    • Netsuite Hopes for $99M in IPO

      CNET  |  Dec 6, 07 5:46 PM CST

      Netsuite Hopes for $99M in IPO

      (Newser) - The IPO for Oracle CEO Larry Ellison’s ‘software-as-a-service’ company, Netsuite, is gearing up as the company set an initial price range yesterday of $13 to $16 a share for 6.2 million shares planned for release, News.com reports, a 10% stake. Netsuite hopes to raise $99.2 million in the IPO, which is planned for December 21st, giving it a valuation of close to $1 billion. More »

      Tags

      IPO  • Oracle  • Larry Ellison  • NetSuite

  • October 2007

    • Oracle CEO Sells Off $500M, With More To Come

      Wall Street Journal  |  Oct 31, 07 11:10 AM CDT

      Oracle CEO Sells Off $500M, With More To Come

      (Newser) - The CEO of Oracle sold off half a billion dollars of stock, but analysts contend that the liquidation shouldn't worry investors. Markets noticed when Larry Ellison sold 26 million shares of the software company he founded in 1977. But the Wall Street Journal writes that past sell-offs haven't triggered broad declines - and Ellison plans to unload another 76 million shares in coming months. More »

      Tags

      Oracle  • insider trading  • Larry Ellison  • stock options

  • July 2007

    • With IPO, Ellison Walks $500M Tightrope

      Wall Street Journal  |  Jul 3, 07 5:30 AM CDT

      With IPO, Ellison Walks $500M Tightrope

      (Newser) - It's murky waters ahead for Oracle CEO Larry Ellison, a day after rival NetSuite Inc. revealed in an IPO filing that the outspoken billionaire holds a 74% stake. That puts Ellison, whose Oracle holdings are valued at $24 billion, in a tricky spot: Other shareholders may view the joint investments as a serious conflict of interest, the Wall Street Journal reports. More »

      Tags

      software  • IPO  • Oracle  • billionaire  • Larry Ellison  • NetSuite

  • May 2007

    • America's Cup Lacks Americans

      New Zealand Herald  |  May 21, 07 9:45 PM CDT

      America's Cup Lacks Americans

      (Newser) - After a decisive 5-1 defeat by Italy's Luna Rossi, BMW Oracle Racing's leadership is in doubt; for the final race, owner Larry Ellison grounded skipper Chris Dickson, whose dictatorial style is said to have chafed the crew. Aided by the futuristic USA98, the underachieving Oracle team was predicted to challenge Alinghi for the title. More »

      Tags

      Larry Ellison  • yachting  • America's Cup

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