Oracle Corp. is beating analysts' expectations after a number of acquisitions, reporting a fourth-quarter profit rise of 23%. The Redwood Shores, Calif.-based software maker spent about $20 billion over the past two years on deals, including its PeopleSoft Inc. and Siebel Systems Inc. acquisitions. Just this past Monday, it received clearance from U.S. antitrust regulators for the $495 million purchase of Agile Software Corp.

You would think Oracle needs time to integrate all these firms and perhaps slow down the acquisition pace, but that's not the case. During a conference call, CEO Larry Ellison said he "expects the pace to continue." ZDNet.com has more on the firm's steep goals of 50% margins and also posted a link to the lengthy earnings call transcript.

Go to the story from bloomberg.com

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