The growth in new database licenses shows Chief Executive Officer Larry Ellison's acquisition strategy is spurring customers to buy an array of programs. Redwood City, California- based Oracle has spent about $19 billion to buy 17 companies since January 2005, mostly for software to manage backoffice tasks.
New license sales of applications gained 83 percent, including the results from Retek and Siebel Systems , bought in the past year. Excluding those, new application licenses gained 56 % a sign that sales picked up for PeopleSoft, which Oracle bought for $10.6 billion in January 2005.
Companies are looking for stability and Oracle's results show big is better.