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Renee James Joins Oracle Board of Directors; Larry Ellison Comments

Renee James, formerly president of Intel Corp. (Nasdaq: INTC), has been elected to Oracle’s (NYSE: ORCL) board of directors. James most recently led Intel’s venture into the open source software for enterprise, security and cloud applications, Oracle said Wednesday. “She will bring a unique perspective and tremendous depth of experience …

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Larry Ellison: Oracle Technology Powering Cloud

Oracle (NASDAQ: ORCL) rolled out its numbers for the third quarter of fiscal 2011, reporting a 37 percent jump in GAAP revenues to $8.8 billion. “Q3 performance was broad based with all geographies reporting revenue growth of 30 percent or higher, ” President Mark Hurd said. “The sequential revenue growth …

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Larry Ellison Breaks Down Oracle’s Investment in Mellanox

Oracle (NASDAQ: ORCL) has organized a strategic investment in Mellanox Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a firm focused on end-to-end connectivity solutions for servers and storage systems. The firms have had a working partnership and the move figures to enhance that relationship. According to Oracle, “Mellanox’s InfiniBand is the …

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Oracle’s Larry Ellison Comments on New President Mark Hurd

Oracle (NASDAQ: ORCL) named Mark V. Hurd to the position of president and to the company’s board of directors. Hurd will report to Oracle CEO Larry Ellison. “Mark did a brilliant job at HP and I expect he’ll do even better at Oracle, ” Ellison said. “There is no executive …

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