Larry Ellison is planning to sell up to 100 million of his Oracle shares between September and June. Using the stock's $20.61 close last Friday as a yardstick, he could raise about $2.06 billion for asset diversification and sheer liquidity. Ellison also plans to gift around two million shares to the Ellison Medical Foundation, leaving him with roughly 1.173 billion shares or 22.7% of the company.
rock333 wrote: At the IaaS Cloud layer virtualisation is going to be essential to allow the self service attributes, all painful and slow to do with physical hardware. Moving up the stack to PaaS and SaaS the use of virtualisation may, as you say, be less required if you put lots of smarts into your software. A lot of software does not have those smarts and by utalising virtualisation of the layers below can manipulate existing software architectures to have more cloudy attributes through automation (eg run load balancers and deploy more servers automagically).
Over time, as new investment in software at...
Mar. 18, 2010 02:11 AM EDT
