Reuters reported from yesterday's Silicon Valley Summit that Oracle will maintain its torrid pace of acquisitions. Reuters reported the following:

Vishal Bhagwati, an Oracle vice president whose responsibilities include global mergers and acquisitions, said he sees potential for so-called "tuck-in" deals to beef up the software maker's offerings, especially in the areas of security and business intelligence applications.
He also said the company would hopefully keep up a pace of closing three or four deals per quarter, with most takeovers likely falling in the range of $5 million to $100 million. Still, big deals remain on the table, he said.
"It's a pretty brisk mergers and acquisitions market right now," Bhagwati told Reuters on the sidelines of The Deal and Tech Confidential's Silicon Valley Summit. "Every software company is on the horizon."

Oracle has completed 22 acquisitions in the past 18 months. As it considers acquisitions in the future, he noted that in addition to making sense financially, Oracle could be attracted to targets for their brands, customer bases or management capabilities in an area where Oracle's vertical knowledge isn't as strong.

Vishal Bhagwati on the far right of the picture speaking on the first panel of the day

Tags: svsummit06, svsummit, m&a, oracle, software,vc, venture+capital