Thursday, June 12, 2003

The Seattle Times: Business & Technology: Ellison's takeover bid rattles software makers

The Seattle Times: Business & Technology: Ellison's takeover bid rattles software makers "Not much has gone right for software mogul Larry Ellison during the last three years. His personal fortune plunged by $46 billion, his company's sales eroded, his bid for yachting's America's Cup failed and his clout seemed to be fading.
...
If Ellison is serious about acquiring PeopleSoft, the takeover will signify a defeat for him, said Marc Benioff, a former Oracle executive who is now CEO of Salesforce.com.
"It would mean Larry has decided Oracle can't innovate on its own any more and needs to buy customers," Benioff said."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.