Oracle Explores Partnerships with Tech Giants Amid Market Competition

Strategic Insights -

Oracle Corp. is seeking partnerships with top tech firms, including Dell Computer Corp., Compaq Computer Corp., and Hewlett-Packard Co., in its bid to challenge Microsoft Corp. for dominance in the computer market. CEO Larry Ellison emphasized the importance of alliances in the face of growing competition, as Oracle promotes its network computing model, which could replace traditional PC operating systems. Meanwhile, other companies are making moves to establish themselves in the market, including a potential joint venture project in Vietnam and a $1.2 billion thermal power project in India.

Key Takeaways:

  • Oracle is exploring partnerships with major tech companies, including Dell, Compaq, and Hewlett-Packard, to counter Microsoft's market dominance.
  • CEO Larry Ellison emphasizes the importance of alliances in the face of growing competition.
  • Oracle's network computing model could replace traditional PC operating systems.
  • Mitsubishi Motors and AB Volvo are purchasing the Dutch government's stake in their joint venture automaker in the Netherlands.
  • Daewoo Corp. is planning to construct a suburban city near Hanoi, Vietnam, to accommodate up to 250,000 residents.
  • The US$1.2 billion Hinduja power project in India is awaiting a fuel supply pact.
  • General Motors has signed an agreement with the Indian government to meet the stipulated foreign equity of US$50 million.
  • Halla Cement Manufacturing Corp. is being liquidated after its shareholders agree to hand-over the company's business rights to RH Cement.

Statistics:

  • Oracle aims to challenge Microsoft's market share through partnerships.
  • The potential partnership with Dell, Compaq, and Hewlett-Packard is a significant move in the tech industry.
  • Mitsubishi Motors and AB Volvo are purchasing a 220 million guilder (about 14 billion yen) stake in their joint venture automaker.
  • The $1.2 billion power project in India is expected to boost the country's energy sector.
  • General Motors has invested US$50 million in its Indian joint venture.
  • Halla Cement's assets are being transferred to RH Cement.

Sources:

  • Asia Pulse via COMTEX, December 17, 1998
  • Asia Pulse at http://www.asiapulse.com