How will Nimbula help Oracle Corporation (NASDAQ:ORCL)- GOOG, MSFT

Northern, WI 03/18/2013 (usmarketsdaily) - Oracle Corporation (NASDAQ:ORCL) will receive a boost in its efforts to create cloud based application through its acquisition of Nimbula, Inc. Oracle Corporation agreed to purchase Nimbula on March 13, in order to integrate the company’s private cloud infrastructure software into Oracle Corporations cloud based operations.

Oracle Corporation is an enterprise software and computer hardware company, based in Redwood City, California. The company’s stock has been trading near its 52 week high of $36.43, which it established during Fridays trading session. The company has a market capitalization of $172 billion and reported net income of $2.5 billion on total revenue of $9.1 billion, in its financial quarter ending November 30, 2012.

The prospects of Oracle Corporation’s acquisition of Nimbula, Inc. may impact the fortunes of Google Inc. (NASDAQ:GOOG). The company settled a suit over its controversial Street View mapping service. In the settlement, Google agreed to pay a $7 million fine to 37 states and the District of Columbia and disseminate information to the public on privacy.

Google Inc. is a Mountainview, California based global technology company. According to the company’s last fiscal quarter financial report, the company has a debt to equity ratio of around 31% and debt ratio of around 24%. The quick ration for Google Inc. is around 3.5. The company reported a net income of around $2.9 billion and total revenues of $14.4 billion.

Microsoft Corporation (NASDAQ:MSFT) is another software development company looking to rebound from its recent missteps and stay competitive with the likes of Apple Inc. (NASDAQ:AAPL) and Google Inc. The company launch of its Surface tablet, which met with disappointment based on expected sales, and the company’s failed to manufacture sufficient quantities of is new Windows 8 based PCs.

Microsoft, based in Redmond, Washington, develops Window based software for personal computers and operates other related properties. Microsoft Corporation’s stock is trading at around $28 per share, which is below its 52 week high price of $32. The company has a quick ration of 2.6 and a debt to equity ratio of 77%. The company’s debt ratio is around 44% based on its fourth quarter 2012 reporting. The company earned a net income of $6.4 billion against revenues of $21.5 billion.

Oracle Corporation expects good results from its March 13 purchase of Nimbula, Inc. There was no purchase price announced in connection to the purchase of Nimbula, Inc. by Oracle Corporation, with shares of Oracle Corporation (NASDAQ:ORCL) traded down by 0.29% and currently trading at $36.24.

About the Author

Catherine Bello is a graduate of New York University's school of Journalism. Catherine joined US Markets Daily as a general assignment reporter in January of 2008. Throughout her career, Catherine Bello has reported on major events across the United States, including Jon Benet Ramsey story in Boulder, Colorado; the Sago Mine disaster in West Virginia, and the Scooter Libby indictment in the nation's capital. Catherine worked in the journalism field for about 4 years serving in several capacities including feature writer and editor, magazine editor, general news reporter, weekly newspaper editor and copy editor/page designer.

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