While Oracle Corp. CEO Larry Ellison’s stated vision of a two-player software industry might be extreme, analysts agree that the acquisitive Redwood Shores, Calif.-based company’s recent moves will only speed up the pace of consolidation in the sector.

After gobbling up another half-dozen technology companies in the wake of its $10.3 billion PeopleSoft Inc. acquisition late last year, Oracle on Monday bit off another large morsel with its $5.85 billion deal for Siebel Systems Inc.

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