| | DECEMBER 202419solutions, customer relationship management, and human resource management systems.The third major deal was when Oracle Corporation acquired BEA Systems, Inc., in 2008, for a sum of $8.5 billion.Here, Larry was observed to have made a careful decision, which helped Oracle overtake the industry titans in the software sector at the time, since BEA Systems produced software for enterprise infrastructure. This helped position Oracle Corporation as the leader in the computer technology sector.The fourth major deal is Oracle's most important purchase, which was Sun Microsystems, Inc. Larry agreed to purchase it for $7 billion in 2010. Following the completion of the transaction, Oracle started to market new databases and services built on Sun Microsystems technology.Expert Initiator in IPOOracle Systems Corporation began its initial public offering (IPO) in the year 1986, on the NASDAQ (ORCL) stock exchange. The price per share was $15 at the beginning, but by the end of the trading day, it jumped to $20.75 after 2.1 million shares were sold, raising $31.5 million.In looking for ways to sell Oracle's products and offerings in more than 35 countries, Larry established marketing subsidiaries in 17 different nations following the IPO.This helped Oracle to quickly drop in the SQL Star, a program that could process and obtain data from any computer system connected to the network.A Foreseer of the Internet BoomLarry was also among the first to predict the transformational wonders that the internet could bring into the corporate landscape. This is particularly evident when Larry led Oracle to focus only on critical online business software platforms during 1997. This genius tactic mainly had an impact on customers who were not ready for the change at the moment. However, it did manage to put the company in a position to benefit from the dot-com boom. Soon, Oracle would become one of the most well-known companies in Silicon Valley by 2000 and for a little while, Larry even managed to overtake Bill Gates as the richest person in the world.As a visionary businessman, Larry Ellison, turned Oracle from a start-up into one of the most valuable companies in the world, with sales projected to reach $50 billion in the fiscal year 2023 and a market valuation of about $389.37 billion as of September 2024.By creating a wide range of integrated software packages, including relationship databases, servers, apps, storage, and cloud computing, Larry helped Oracle cement its position.On the other hand, Oracle also gains from Larry's guidance, as he led the industry in building internet-compatible business applications when he prophesied in the 1990s that the internet would be the future of computers. IN LOOKING FOR WAYS TO SELL ORACLE'S PRODUCTS AND OFFERINGS IN MORE THAN 35 COUNTRIES, LARRY ESTABLISHED MARKETING SUBSIDIARIES IN 17 DIFFERENT NATIONS FOLLOWING THE IPO
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