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Fresh speculation that software giant Oracle is looking to pick up Red Hat juiced the Linux software provider's shares Monday.
For years, there have periodically been rumors that Oracle
"Oracle's high-profile foray into the Linux market, beginning in March 2003, has led to much speculation since that Oracle would ultimately buy Red Hat, given the software giant's history of organically entering new markets and driving the perceived value of the incumbents before ultimately buying shares," said Jefferies analyst Katherine Egbert.
Oracle has pursued a strategy of growth through aggressive acquisitions, in recent years gobbling up PeopleSoft in the human resources management sector, Siebel in customer relationship management, BEA Systems in middleware andHyperion in business intelligence.
While Egbert thinks an acquisition of Red Hat by Oracle is "highly likely" she thinks it's bad timing. "Oracle does not have a history of purchasing still-fast-growing companies," she said in a note to investors.
Another possible takeover is keeping Oracle at arms length: the rumored interest of IBM
In October Oracle CEO Larry Ellison told shareholders at the company's annual meeting that the down economy could be a boon to Oracle's acquisition campaign, making good companies available at a discount. (See "Ellison Shoots Hole In Cloud.")
-----------------------------BY Ruthie Ackerman
Source：Forbes
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