For years, Larry Ellison's company has made some of the best software on the planet.
With a market cap of $155 billion, Oracle Corp. (Nasdaq: ORCL) has also become one of the industry's leading buyout shops, snapping up dozens of companies in the past five years alone.
But while Oracle has been expanding its software empire, it was late to latch onto one of the hottest new tech trends in many years.
I'm talking about cloud computing.
And now I'll bet you any amount of money Larry Ellison wishes he had learned how to tap into the power of the cloud years earlier.
The respected research firm Forrester predicts the cloud computing industry is going to increase from about $41 billion in 2011 to $241 billion in 2020.
That's an increase of roughly 487%over a nine-year period.
The problem for Ellison is that a small-cap tech stock I've discovered has beaten him to the punch.
In fact, I'd be willing to say at this point it's running circles around him.
Will Carl Icahn's Latest Move Push Dell Stock Even Higher?
In a move that potentially staves off a battle over Dell Inc.'s (Nasdaq: DELL) $24.4 billion proposed deal to go private, activist investor Carl Icahn said today (Monday) he signed a confidentiality agreement with the personal computer giant.
Icahn's firm issued a short statement saying it "looks forward" to reviewing Dell's confidential financial info. The company hopes the move will keep Icahn from speaking out against Dell's planned sale.
In a letter to Dell last week, Icahn warned that Dell's insistence in moving forward with the $24.4 billion, $13.65 a share buyout would result in a costly, lengthy legal battle.
Icahn, who according to CNBC has amassed a 6% stake - or roughly 100 million shares - in Dell, opposes the proposed buyout of the Texas-based company that is being orchestrated by founder Michael Dell and Silver Lake Partners.
"The Going Private Transaction is a related party transaction with the largest shareholder of the company and advantaging existing management as well, and as such it will be a subject to intense judicial review and potential challenges by shareholder and strike suitors," Icahn wrote.
"But you have the opportunity to avoid this situation by following the fair and reasonable path set forth in the letter," Icahn continued.