Oracle sold the first commercial SQL relational database in 1979 and built a sales organisation that Larry Ellison drove on quota and commission. It bought its way into applications with a $10.3 billion hostile takeover of PeopleSoft completed in 2005, then Siebel and BEA, and it now sells cloud infrastructure alongside licences. Investors read Oracle for maintenance economics, where support renewals at very high rates carry most of the profit, and for the 1990 restatement after the company booked licence revenue it had not earned. Every book here is really about Ellison: Matthew Symonds wrote an authorised account with Ellison's own rebuttals in the footnotes, Mike Wilson and Karen Southwick wrote unauthorised ones, and Julian Guthrie covered the America's Cup campaign he financed.
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