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Oracle undercuts Microsoft with Collaboration Suite | |
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| Time: 05:22 EST/10:22 GMT | News Source: The Register | Posted By: Alex Harris | ||
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Oracle Corp has announced the immediate availability of its new Collaboration Suite, claiming to undercut rival Microsoft Corp by two thirds. First announced by Redwood Shores, California-based Oracle's CEO Larry Ellison in July, Collaboration Suite is Oracle's attempt to tackle Microsoft's dominant position in email and calendaring. Oracle is so keen to get in on the collaboration software market, which is estimated by IDC to be worth $7.5bn by 2006, that it has priced the software at one third of the price of Microsoft's Outlook. Speaking to ComputerWire last week, Oracle's chief financial officer Jeff Henley said that the company wanted "a chunk of Microsoft's $6bn or $7bn business" and said the company was prepared to undercut its rivals in order to gain market share. | ||
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