- Oracle recently raised $20 billion in corporate debt through convertible note offerings.
- Analysts expect that with that influx of fresh cash, Oracle could be gearing up for a big acquisition as the coronavirus crisis drives down market caps.
- It's known for making bold M&A moves after a downturn, like when it scooped up PeopleSoft, Sun Microsystems, and NetSuite.
- Business Insider talked to analysts about which companies Oracle could be planning to acquire. See the list of seven companies below.
- Click here for more BI Prime stories.
Oracle just raised $20 billion in corporate debt, setting off speculation the tech giant may be mulling a big purchase as the coronavirus crisis drives down market caps.
"We believe the company could be preparing to make a significant acquisition given the likelihood that COVID-19 continues to pressure valuations in enterprise software," RBC Capital Markets analysts wrote in a recent note to investors.
Oracle is known for making bold M&A moves, especially after a downturn, when big tech mergers typically take place. Shortly after the dot-com crash, the company launched an ultimately hostile take-over of rival enterprise software maker PeopleSoft, which it acquired in 2005. Oracle also bought server giant Sun Microsystems and cloud software company NetSuite after the Great Recession.
Business Insider asked experts which companies Oracle could be eyeing for an acquisition. Here are the seven companies they said would be a good fit: