Oracle Corp. is the world's largest independent enterprise software company, with annual revenues of $40 billion. Its software products include database, middleware, application and cloud-based software designed for general business purposes and for specific industries. In addition, Oracle provides product upgrades, maintenance releases and patches through license update agreements. It also offers product support through the cloud, internet and global support centers. Oracle also provides server hardware through its acquisition of Sun Microsystems in 2010. The company has over 100,000 employees. About 48% of revenues come from overseas.
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Joseph F. Bonner, CFASenior Analyst: Communication Services & Technology