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Ellison Pays First Visit to Microsoft

Larry Ellison, the co-founder, chairman and chief technology officer of Oracle (NYSE:ORCL), has been going up against Microsoft (NASDAQ:MSFT) to in database software for more than 30 years. He has also had to deal with clients looking to connect their Oracle and Microsoft products. But until this week, he had never made the journey to Microsoft’s headquarters outside Seattle.

He was in town to appear alongside Microsoft CEO Satya Nadella to announce an expansion of the collaboration between the two companies.

Oracle is placing its Exadata hardware, which contains servers for databases and storage, inside the data centers that Microsoft uses to run its Azure public-cloud service for hosting applications.

Organizations will be able to store data with Oracle’s database software by using Azure, rather than having to install Oracle hardware in their own data centers or use Oracle’s public cloud. Putting the Oracle equipment in Azure data centers means that applications will be able to quickly access data from the databases.

“It was lovely to come up here, said Ellison in a virtual presentation on the announcement, which he teased on Oracle’s earnings call with analysts on Monday. “It’s actually my first time in Redmond. It’s hard to believe. I waited till very late in my career to make this trip.”

ORCL shares began Friday up 86 cents to $114.52, while those for the tech giant dubbed “Mr. Softee” subsided $5.26, or 1.6%, to $333.44.