Oracle and Finally Smoke a Peace Pipe

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Before you go close icon was started by former Oracle vice president Marc Benioff, and the two companies have been fierce rivals in a very vocal way ever since. So when Oracle promised that it would share a "startling announcement" regarding Salesforce this week, the company wasn't kidding.

The week started off quietly as Microsoft started supporting Oracle's database and middleware software on Redmond's brands of virtual and cloud computing platforms. Just another deal to expand the market somewhat for both parties -- nothing spectacular.

But the promised Salesforce announcement is the real McCoy. This time, we have two extremely public rivals coming together for mutual support of one another's most important platforms. Oracle gains a high-profile win for some less central products such as the Exadata data management platform, and Salesforce gets a very committed partner for its back-end operations. And this agreement is here to stay, with a nine-year term at launch.

In the video below, Fool contributor Anders Bylund explains what this deal does and doesn't mean for the companies involved. (Before you ask, it's not a sign of a pending big-ticket buyout.)

Interested in the next tech revolution? Then you'll need to learn about the radical technology shift some say forced the mighty Bill Gates into a premature retirement. Meanwhile, early in-the-know investors are already getting filthy rich off of it... by quietly investing in the three companies that control its fortune-making future. You've probably heard of one of them, but I'd wager heavily that you've never heard of the other two. To find out what they are, click here to watch this shocking video presentation!

The article Oracle and Finally Smoke a Peace Pipe originally appeared on

Fool contributor Anders Bylund has no position in any stocks mentioned. The Motley Fool recommends The Motley Fool owns shares of Microsoft and Oracle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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