Oracle promised more lay-offs... eh... acquisitions

Larry Ellison doesn't take much time to enjoy a tasty bite. Having just swallowed the Peoplesoft acquisition, the Oracle CEO is already talking about additional takeovers.

Oracle specifically is looking at the market for Application Servers, he told an audience of financial analysts. Oracle currently holds the number two spot in the AS market, BEA Systems is number one.

It won't surprise you much to hear that Oracle last year already said it is interested in acquiring BEA.