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Technology Stocks : Oracle Corporation (ORCL)
ORCL 262.61+2.2%3:59 PM EDT

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From: Sr K6/29/2011 9:30:33 PM
   of 19079
 
TECHNOLOGY | JUNE 29, 2011, 7:55 P.M. ET
Oracle Buys CEO's Start-Up

Billionaire Ellison Lent $544 Million to Storage Firm Pillar Data Systems

By BEN WORTHEN

Larry Ellison, meet Larry Ellison.

Oracle Corp., of which Mr. Ellison is chief executive and the largest shareholder, said Wednesday it is buying Pillar Data Systems Inc., a storage start-up where Mr. Ellison is the principal owner and biggest creditor.

[more]

online.wsj.com
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