Overview
Oracle Corporation (Oracle) is an enterprise software company. The Company develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that help organizations to manage their businesses. Oracle is organized into two businesses: software and services. These businesses are further divided into five operating segments. Its software business consists of two operating segments, new software licenses, and software license updates and product support. Its services business consists of three operating segments, consulting, On Demand and education. The Company's software business represented 80% of its total revenues and its services business represented 2o% of total revenues during the fiscal year ended May 31, 2008 (fiscal 2008). In June 2008, the Company announced the formation of a Global Business Unit focused on software applications for the health sciences industry.