Salesforce: We'll Be 50% Bigger Than Oracle

Shares of Salesforce (NYSE:CRM) are surging again after the company told analysts it plans to grow to $60 billion in revenue from just $10 billion. At that size, Salesforce would be over 50% bigger than Oracle (NYSE:ORCL), a one-time investor and now chief sales rival. Longtime followers of Salesforce will remember that CEO and co-founder Marc Benioff worked at Oracle at one time. Oracle co-founder Larry Ellison wisely invested in Benioff and his upstart company early on. For years, the companies were friendly. But in 2011, Ellison canceled Benioff's scheduled keynote at the annual Oracle OpenWorld conference the day before it was to occur. The two have been rivals ever since, and now Benioff and team are saying they're on track to grow revenues sixfold in 16 years.

https://www.fool.com/investing/2018/01/13/salesforce-well-be-50-bigger-than-oracle.aspx