Thursday, November 06, 2008

Mark Logic CEO Blog: Oracle Buys Tacit's IP

An example of making the tacit explicit?…

Now, happily, I lack personal experience in such matters, but I think that "normally" when software companies sell their IP assets to Oracle, it's a -- uh -- bad sign. I take it to mean that (1) the company's winding down operations, (2) that no one wishes to buy the business as a going-concern, thus purchasing both all assets and all liabilities, and ergo (3) that -- in the absence of other interest -- someone can come along and simply buy all or some of the assets.

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It looks as if it's "goodbye Tacit" and presumably "poof" to most of the $29M in venture capital invested.

Mark Logic CEO Blog: Oracle Buys Tacit's IP

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