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SAN FRANCISCO - Shares of software giant Oracle(ORCL Quote) rose Thursday on news that the company would begin selling hardware.
The Redwood Shores, Calif. company and Hewlett-Packard(HPQ Quote) said late Wednesday they would immediately begin selling a line of game-changing storage equipment.
"I'm here to announce Oracle's first ever hardware product," CEO Larry Ellison said Wednesday before a packed crowd at the company's annual user conference here.
Shares of Oracle were recently up 74 cents, or 3.7%, to $20.69. H-P was up 49 cents, or 1%, to $47.27. ...
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