The company revealed its plans to come out and sell a computer bundled with Oracle software, which would be a unique combination designed to help businesses sort through data faster. The system, which Oracle describes as an appliance, will be manufactured for the company by Hewlett-Packard Co. and come with Oracle's database software installed. Palo Alto-based HP (NYSE:HPQ) will make the devices, which will be sold by Redwood City-based Oracle (NASDAQ:ORCL). Oracle's Chief Executive Larry Ellison said the two hardware systems include a programmable storage server and an advanced database server.
Its basically being described as a "Oracle database machine" and a smaller storage product, both made by Hewlett-Packard Co. Both pieces of hardware are designed to help companies fetch information stored on Oracle's database software more quickly while taking up less space in corporate data centers. Oracle has been pouring most of its money into broadening its selection of software applications, hoping to appeal to corporate customers who want to buy as many programs as possible from a single vendor. The Redwood Shores-based company has spent more than $35 billion to acquire about 50 other software makers in the last four years.
The shopping spree has paid off so far, helping to boost Oracle's profit by 29 percent to $5.5 billion in its last fiscal year. Just last week, the company reported its earnings rose by another 28 percent to $1.08 billion in the first quarter of its new fiscal year.
The HP Oracle Database Machine is comprised of eight database servers with 64 processor cores by Santa Clara-based Intel Corp. (NASDAQ:INTC).
Databases are a kind of filing cabinet for corporate information, and serve as a foundation for building more specialized business software.
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