It would have made so much more sense to sell to IBM though, and I don’t even like IBM. I respected their R&D at the time, but their global services division is a blight on society.
IBM was only interested in Java and lowballed the price.
Oracle was interested in hardware too, and offered more money.
IIRC, reports were that IBM negotiated the price down with a stinky "who else is ever going to buy you" attitude, and were blindsided once Ellison came into the picture offering more cash.
I can’t recall, did the feds block that option?