Are we on the cusp of seeing a wave of aggressive acquisitions in the UK that will forever change the technology market?
Whilst everyone focuses their attention on the market's state of flux, I can picture Oracle Corporation looking at the UK's technology sector in the same way a professional darts player eyes up his next throw.
The UK's exit and subsequent falling markets has created a prime opportunity for Oracle to accelerate it's plans to dominate the Cloud Applications space through it's favoured method of acquisition.
With competitors making big name acquisitions, Oracle has never been one to stay out of the limelight for long. The real question then is, who's next?
Falling markets means lower valuations, and lower valuations means opportunities for companies with large cash holdings to buy out prospects and competitors at a discount rate. Oracle is a candidate for this. The tech sector looks to be picking up its acquisition activity with Microsoft Corp. (NASDAQ:MSFT) and LinkedIn Corp (NYSE:LNKD) headlining the trend, and Oracle now has the opportunity to join this trend cheaply. The company has a large UK presence, it knows the UK market well, and holds a little over $60 billion in cash, more than 85% of which is held overseas. Read more: Three Less Obvious Opportunities In Response To Brexit - Oracle Corp. (NASDAQ:ORCL) - 24/7 Wall St. http://247wallst.com/investing/2016/06/27/three-less-obvious-opportunities-in-response-to-brexit/#ixzz4CtZpSWWH