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Oracle pondered buying RIM, Palm in phone move: CEO
The company logo is shown at the headquarters of Oracle Corporation in Redwood City, California February 2, 2010. Picture taken February 2, 2010.
Credit: Reuters/Robert Galbraith
SAN FRANCISCO |
SAN FRANCISCO (Reuters) - Oracle Corp Chief Executive Larry Ellison said the software maker had considered building its own smartphone to compete with Apple Inc and Google Inc, but decided it was a "bad idea" after a weeks-long cost and market analysis.
As part of that exhaustive internal analysis, he said, Oracle had pondered at one point buying Blackberry-maker Research in Motion Ltd and Palm -- a smartphone maker scooped up by Hewlett Packard Co.
On the second day of a legal battle between Oracle and Google over Java patents used in Android mobile software, Ellison added that Oracle felt it lacked in-house expertise on smartphones and hence considered acquisitions. But it ultimately decided to abandon the idea.
(Reporting By Edwin Chan and Dan Levine; Editing by Gerald E. McCormick)
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