Oracle’s Ellison says focused on Cloud, not deals

Oracle Corp CEO Larry Ellison said he intends to drive growth at the world’s No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition.

The billionaire, who boosted Oracle revenue dramatically over the past decade through a series of purchases, said, however, he would not rule out a big deal “down the road”.

via Business feed http://www.scmp.com/business/companies/article/1052898/oracles-ellison-says-focused-cloud-not-deals