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Microsoft and Oracle holding joint press event Monday

It looks like Microsoft and Oracle have been working on something together and they are almost ready to reveal it to the public. At least, that's what can be inferred by invites sent out to some media outlets late on Thursday.

Business Insider reports that the press conference will be held on Monday. It's apparently big enough for Microsoft CEO Steve Ballmer to show up, along with Oracle's president Mark Hurd. The press event will also be attended by Satya Nadella, the head of Microsoft's Server and Tools division.

The press event is apparently not big enough to bring in Oracle CEO Larry Ellison though. However, as part of Oracle's quarterly financial results that were revealed on Thursday, Ellison told financial analysts that the company will be "announcing technology partnerships with the largest and most important SaaS companies and infrastructure companies in the cloud" next week. He added that Microsoft will be one of those companies.

While Microsoft and Oracle have been fierce competitors in the past, the two companies have also teamed up for some recent projects. Earlier this year, Microsoft filed court papers that supported Oracle's ongoing patent battle with Google.

Source: Business Insider | Image via Oracle

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