Former database giant Oracle has transformed itself into a hardware company - it said as much today.

The company announced that it's finalised the acquisition of Sun today and plans to engineer and develop integrated systems - from applications to disk.

A statement said that the combination will "transform the IT industry. With the addition of servers, storage, SPARC processors, the Solaris operating system, Java and the MySQL database to Oracle's database, middleware, and business applications, we plan to engineer and deliver open and integrated systems - from applications to disk - where all the pieces fit and work together out of the box."

Larry EllisonThat rather Proustian sentence means that Oracle is declaring it will compete against companies like IBM and HP for that matter. And EMC will watch very carefully what Oracle is up to.

It's now got a lot of the components that will allow it to enter the fray against the last of the computer giants, and Ellison is savvy enough and aggressive enough to just be able to pull it off.

He's going to webcast this to the world later today, and it's going to take him quite some time.

He will say that Oracle+Sun will offer a broad range of products including servers, storage, networking and software and integrate all the components. Oracle will also "simplify IT management and reduce system deployment and integration costs". Imagine, Intel will have to negotiate with Oracle!

Some might say all this is rather more significant than the launch of a tablet by St Cupertino of Jobs.