Quoted: Safra Catz on Oracle and silver medals

“At Oracle, silver medal is first loser.”

Safra Catz, Oracle co-CEO, on the company’s place in applications software. She told Bloomberg: “We’re No. 1 in database, we’re No. 1 in middleware, but we’re No. 2 in applications.” Bloomberg points out Catz has helmed the software giant’s “aggressive acquisition strategy,” so it may now have its eye on makers of applications. But Catz said Oracle doesn’t overpay. “When we do acquisitions, we decide what we want. We decide what fills a hole. And if the price is too high, our alternative is the $5 billion we spend on R&D every year.”

 

Photo of Safra Catz from Bloomberg News archives

 

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