Oracle unveils faster gear to energize hardware business

Co-founder and Chief Executive of Oracle Corporation, Ellison introduces the company's latest SPARC servers at Oracle Conference Center in Redwood ShoresBy Noel Randewich REDWOOD CITY, California (Reuters) – Oracle Corp Chief Executive Larry Ellison unveiled a new line of faster servers on Tuesday, the latest step to revive a shrinking hardware division and shore up a core software business threatened by smaller rivals. Servers built with Oracle's new "T5" microprocessors have beaten several performance records and run business databases and applications much faster than previous versions, the billionaire told reporters at a launch event in Redwood City. Ellison is focusing Oracle's hardware division, acquired through the $ 5. …

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