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Oracle, a leading database and business software corporation, known for large technologies and innovations - rather unexpectedly came to be founded by This was unusual because the company was small at first.
With the emergence of cloud computing, Oracle saw its revenue decline. Now it is looking at migrating to the public cloud model.
The management consulting firm PwC is planning to buy
Oracle for $33 billion so all of its already-existing customers will - probably - remain with it.
Trip Chowdhry, Global Managing Director at Guggenheim Capital and member of IBM's Advisory Board, says "memory-based computing" clouds such as IBM and Google will win out over non-memory-based alternatives such as Oracle and Microsoft.
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