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Oracle Sales Erode as Startups Embrace Souped-Up Free Software

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Dan Wagner, the chief executive officer of U.K.-based mobile payments company Powa Technologies Ltd., poses a challenge for database giant Oracle Corp.

Wagner’s company last year began shifting away from pricey products from Oracle and International Business Machines Corp., replacing them with open-source software, which is freely available and can be modified. Now, Wagner said the closely held company is converting virtually all of its operations to free database software.

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