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Technology Stocks : Oracle Corporation (ORCL)

ORCL 250.34

+0.9%

Nov 5 3:59 PM EST

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From: JakeStraw	4/18/2006 2:24:48 PM
	of 19079

Oracle reviews 'selected opportunities' in open source - By Michael Paige LOS ANGELES (MarketWatch) -- Oracle Corp. President Charles Phillips on Tuesday said the company would continue to review "selected opportunities" for acquisitions in the open-source segment. "At the same time, we don't believe in paying ridiculous prices because, at the end of the day, you don't own the intellectual property," he quickly added during a conference call. "As our strategy evolves, we'll have more to say," Phillips said. The database and applications giant is "increasingly interested in open source as a way of reaching more customers," he said. In a recent published interview, Chief Executive Larry Ellison said the company was mulling distributing its own flavor of the open-source Linux operating system and had considered acquiring a Linux firm like Novell Inc. marketwatch.com

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