Can Oracle buy its way into the cloud?

It wasn’t so long ago that Oracle dismissed cloud computing as “gibberish.” Today, it’s singing a different tune.

Through a string of acquisitions, the database giant has been buying a presence in the cloud in much the same way it built up its on-premises portfolio decades ago. What remains to be seen is whether that strategy can work as well in this new setting.

Acquisitions of companies such as PeopleSoft and Siebel played a key role in fleshing out Oracle’s traditional applications portfolio back in the mid-2000s, helping the company become a major player in enterprise software.

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