Oracle, the leader in Java development tools plans to enter the mobile space. Oracle founder, Larry Ellison revealed considering the purchase of Blackberry maker Research in Motion or Palm. The confident Larry added “I had the idea we could enter the smartphone business and compete”.
Plenty of companies were considering the deal and Larry Ellison confirmed in court testimony that his company- Oracle- had considered snapping Palm back in the day. While Oracle thought, HP purchased the Palm for $ 1.2 billion.