Saturday, June 25, 2005

Good Morning Silicon Valley: So Greg, what do you say we buy SAP?

Good Morning Silicon Valley: So Greg, what do you say we buy SAP?: "Oracle's got a few more acqusitions left in it yet. This morning, the company named Greg Maffei, once Microsoft's top deal-maker, as its president and CFO. While at Microsoft, Maffei established a merger and acquisitions group that made more than $9 billion in investments in cable, telephone and Internet companies - $5 billion investment in AT&T Corp., a $1 billion investment in cable-TV operator Comcast, a $150 million investment in Apple and the $425 million purchase of WebTV. "

Surprising that none of the major news articles on this topic have noted that many of Maffei's mega-deals were ultimately disasters.
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