Oracle's income jumps on bump from Sun Micro

Oracle boss Larry Ellison. Photo / Supplied

SAN JOSE, California - Oracle's net income for the most recent quarter jumped 25 per cent on stronger sales of database and other business software and a bump from the acquisition of Sun Microsystems.

The results mark the third straight quarter that Oracle sales of new software licenses increased. That's an important category that helps measure companies' appetite for new technologies.

It was also Oracle's first full quarter with Sun Microsystems under its belt.

Oracle, the world's No. 1 database maker, paid US$7.4 billion for the struggling maker of computer servers.

Oracle has been under pressure to cut costs at Sun and prove the acquisition of its longtime partner was worthwhile. Oracle has announced two rounds of layoffs affecting Sun, but has not disclosed the number of affected workers.

- AP