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Oracle has a roughly $25 billion cash balance on its balance sheet, including cash, cash equivalents and short-term marketable securities. Oracle also has a significant amount of debt (around $17 billion) on its balance sheet, which means its net cash position is around $8 billion. However, if Oracle can make use of the cash balance to make acquisitions instead of paying off debt, it could open up a lot of strategic opportunities.
Salesforce.com’s market cap is around $19 billion, and Oracle could utilize its large cash balance towards a possible acquisition attempt. Salesforce.com is a cloud computing player that specializes in providing client relationship management (CRM) as well as other applications. The cloud computing space is an area expected to generate substantial growth over the coming years. Oracle is not currently a major player in the cloud computing market and hence Salesforce.com could provide it with ample growth opportunities in applications software.
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| Tags: acquisition