Corporate bitch slap!

ch750536 · 30-09-2011 7:55am #1

le Link

Oracle Issues Statement
REDWOOD SHORES, Calif., September 28, 2011
Oracle issued the following statement:

"After HP agreed to acquire Autonomy for over $11.7 billion dollars, Oracle commented that Autonomy had been ‘shopped’ to Oracle as well, but Oracle wasn’t interested because the price was way too high. Mike Lynch, Autonomy CEO, then publically denied that his company had been shopped to Oracle. Specifically, Mr. Lynch said, “If some bank happened to come with us on a list, that is nothing to do with us.” Mr. Lynch then accused of Oracle of being ‘inaccurate’. Either Mr. Lynch has a very poor memory or he’s lying. ‘Some bank’ did not just happen to come to Oracle with Autonomy ‘on a list.’ The truth is that Mr. Lynch came to Oracle, along with his investment banker, Frank Quattrone, and met with Oracle’s head of M&A, Douglas Kehring and Oracle President Mark Hurd at 11 am on April 1, 2011. After listening to Mr. Lynch’s PowerPoint slide sales pitch to sell Autonomy to Oracle, Mr. Kehring and Mr. Hurd told Mr. Lynch that with a current market value of $6 billion, Autonomy was already extremely over-priced. The Lynch shopping visit to Oracle is easy to verify. We still have his PowerPoint slides.”

jester77 · 30-09-2011 8:11am

Lucky Autononmy!

You only have to look at the disaster that Oracle leaves behind them, Hudson/Jenkins, OpenOffice/LibreOffice, MySQL/MariaDB and all java release f**k ups that have happened since they took over Sun

Johnny Bitte · 30-09-2011 8:12am

What. The. ****.

Dravokivich · 30-09-2011 8:17am

So... are they or aren't they for sale?

Dyr · 30-09-2011 8:30am

They were only supposed to blow the bloody doors off :mad:

mconigol · 30-09-2011 9:31am

Twitter is that was ---->

ejmaztec · 30-09-2011 9:46am

Corporate gibberish.

Lollipops23 · 30-09-2011 9:54am

I interviewed with Oracle once, turned out the job was very different to the one I was told about over the phone and I was straight up with them that I didn't like the sound of certain aspects of the role.
However, I was bowled over at the state of the girl interviewing me, she looked and acted thoroughly unprofessional. She seemed to think she was god's gift, but let it slip during the interview that she was only there 6 weeks. (this is typical of the entire interview, her talking so much that I didn't get a word in edgeways).
Wasn't remotely impressed by the company as a whole.