Oracle Reveals Busted Plans to Buy RIM and Palm

Apple and Samsung aren't the only companies embroiled in a legal battle. Google and Oracle are too! Oracle alleges that Google infringed its patents in building its Android software. But amidst the squabble, interesting information came to light. Apparently, Oracle considered buying handset maker Research in Motion and Palm at one time. This was as part of their plan to create their own smartphone.

During the cross examination in court on Tuesday, Oracle CEO Larry Ellison said, “We explored the idea [of creating a smartphone] and decided it would be a bad idea.”

But the plan did not materialize because RIM wanted more money than Oracle was willing to buy it for. During that time Palm was still uncompetitive and so Oracle decided it wasn’t worthwhile. After all that Palm amounted to, I’m sure Oracle is very happy that they didn’t pursue the plan.

Anyhow, with this it’s a sure thing that there won’t be an Oracle-branded smartphone coming soon.