Oracle Spending Its Way Out of Major Errors: Ives

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June 23 (Bloomberg) -- FBR Capital Markets Senior Analyst Daniel Ives discuss Oracle to buy Micros for 5.3 billion dollars with Trish Regan on “Street Smart.” (Source: Bloomberg)

Here.

It is just beginning to be another mma at oracle.

What makes you convinced this will work?

They have key ingredients in their recipe for success.

I believe this is just the start of a number of deals that oracle will go after.

What kind of companies will they go after?

I think it is a data, cloud, cyber security.

They are operating andin a bipolar tech spending environment.

I think this is just the first start of it.

$15 billion, that is a lot of money.

Why is this happening so much now?

Why did not larry go out and buy some of these companies two years ago when he could've gotten a better valuation?

That was a major strategic error on the part of oracle.

I think they miscalculated.

There was a little bit of hubris in there.

They can do it themselves, and a move to the cloud on paper is always easier than execution.

They need to do mma even if they have to pay up.

This is just the beginning of what we're going to see over the next few years.

Are you confident that they can pull all of these companies into the oracle culture?

I would say this is an appetizer in terms of them integrating.

I think the broader issue is can they be successful in the cloud?

We are a little optimistic on the product cycle, but with mma there is always risks.

I think investors will be focused over the next 3-6 months

This text has been automatically generated. It may not be 100% accurate.

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