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Oracle Corporation (Wikipedia.org)

Oracle Corporation ( ) is one of the major companies developing database management systems (DBMS), tools for database development, middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) and supply chain management (SCM) software. Oracle was founded in 1977, and has offices in more than 145 countries around the world. As of 2005, it employed more than 50,000 people worldwide and is the world's second largest software company.

Lawrence J. Ellison (Larry Ellison) has served as Oracle's CEO throughout the company's history. Ellison served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. Ellison retains his role as CEO. Forbes magazine once judged Ellison the richest man in the world.

Ellison was inspired by the paper written by Edgar F. Codd on relational database systems named A Relational Model of Data for Large Shared Data Banks. He had heard about the IBM System R database from an article in the IBM Research Journal provided by co-founder Ed Oates, also based on Codd's theories, and wanted Oracle to be compatible with it, but IBM stopped this by keeping the error codes for their DBMS secret. He founded Oracle in 1977 under the name Software Development Laboratories. In 1979 SDL changed its name to Relational Software, Inc. (RSI). In 1983, RSI was renamed Oracle Systems to more closely align itself with its flagship product Oracle Database with Robert Miner as senior programmer.

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Anti-trust concerns on Oracle-Sun Deal. FBN's Shibani Joshi on the European Commission's concerns about the Oracle-Sun Microsystems deal.
1m 34s |
a week ago
FOX Business
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Google shows off its new Chrome operating system. Plus, cuttin' a rug at the Microsoft Store, a tough choice for AOL employees and an update on Oracle's standoff with the European Union (Nov. 20).
2m 54s |
2 days ago
The Wall Street Journal
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Two Morning Trades: 1 Minute Trade
a week ago
The Street
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The European Union's decision to block Oracle's acquisition of Sun Microsystems might be sending a broader signal to the rest of the tech sector, reports CNBC's Jim Goldman. David Garrity, of GVA ...
a week ago
MSN Video
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Oracle's Ellison vs. the E.U.
a week ago
The Street
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Cisco's Dicey Outlook
2 weeks ago
The Street
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FOXBusiness.com LIVE. We break down whether the Oracle of Omaha made the right bet with Burlington Northern.
59m 58s |
2 weeks ago
FOX Business
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Market strategist Joe Battipaglia looks for stocks that can survive our tough economic environment, and he shares some favorites. (Aug. 23)
2 months ago
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