Oracle To Buy Siebel
jondaw writes "The BBC is reporting that "Software giant Oracle is buying US rival Siebel Systems in a deal worth $5.85bn (£3.2bn) in cash and stock...'In a single step, Oracle becomes the number one CRM [customer relationship management] applications company in the world,' said Oracle chief executive Larry Ellison.""
Everybody's buying everybody again! Woo!
When do I get my office scooter?
I might be mistaken but, isn't Oracle a US company? The story makes it seem like Oracle isn't.
How long more before they become the _only_ one?
To compliment his German accent, Larry Ellison has also donned a monical and top hat and is now carrying a cane with a silver cobra head on it and was last seen wearing a black flowing cape. He was quoted as saying: "I'm just trying to look the part of evil genius now".
GOBACK.
My only question is that stuff in the brackets after CRM (c u s t o m e r...? What's going on here, the first time I know one of those buzz words and the editors have to blow all my fun. I was going to laugh at people that aren't in the click that they don't know that single piece terminology and look far superior in one mighty stroke.
First PeopleSoft, now Siebel. What's next for Oracle?
Bradley Holt
Sure, our product hasn't been that good, but don't worry in no time at all you won't have any choice. We've been fattening our wallets to make sure you don't have any complicated decisions ahead of you.
Why is this a trend I continue to see in Oracle?
I'll probably get flamed by the Oracle is holier then thou crowd, but that's life.
Where did I leave my ladders at...
"You should always go to other people's funerals; otherwise, they won't come to yours." -- Yogi Berra
Well, I don't know about the rest of you, but I've been on a two week long troubleshoot call for Siebel problems, and today starts the third week. 8-12 hours a day, 100's of different _sets_ of sniffer traces, and no solution. The problem is in the application, not on the network. I am not familiar with Oracle's technical support, but it can't be worse than Siebel's, so I'm looking forward to this.
This is bad, it was already bad when Oracle bought Peoplesoft. The competion stops...
Next, Oracle should buy Yahoo!. It too has a ruthless approach to life. Just yesterday, Jerry Yang (the co-founder of Yahoo!) applauded his company's effort in assisting Chinese authorities to jail and torture a reporter for revealing "state secrets". The reporter was sentenced to 10 years in prison.
We made decision making process easier for you. You either buy oracle or you buy oracle.
Today is a big shopping day, and when that happens I love watching the buzz spread. Here are some graphs that show the spreading:
- eBay AND Skype
- Oracle AND Siebel.
- the above graphs combined.
Simpy
Oracle bought PeopleSoft a while back, and I haven't yet heard of any resultant headaches at the college I attend and work at. (PeopleSoft+Oracle setup.)
But that may be because of those coupons PeopleSoft issued while trying to avoid the buyout; they gauranteed the same level of support for some period of time I don't recall. It sounds like Siebel is going willingly, so I doubt their customers will get the same protection.
tasks(723) drafts(105) languages(484) examples(29106)
The company may fire as many workers as it did after the PeopleSoft purchase, when Oracle cut 5,000 jobs, said Andrew Brosseau, an analyst at SG Cowen Securities Corp. in Boston.
SHIT!
``Oracle is buying a more complete product portfolio from a company that's been failing to execute,'' Brosseau said. The firm doesn't have ratings on either company. ``They are getting a good asset in terms of the product line and customers.''
what? what I thought we were in the trust tree in the nest, were we not?
Why doesn't Larry just buy all the database app customers in the world? At $100K a head, $20B would buy 200K customers. That would leave the customer corporations from which he cherry-picked them dependent on Oracle to do all their DB app business.
--
make install -not war
Larry has commissioned a team of military historians to paint his jets in a Third Reich wartime pattern. His call to acquire a working Stuka is ongoing.
what siebel sells, anyone can explain in simple words which is their product, or a simple example of use.
"Siebel has needed to be picked up for some time. There are other suitors that would probably have made better sense, but it seems that Oracle is going for the number one slot no matter what the cost and aiming to become the only boy on the CRM block..."
..."then Oracle Chief Executive Ellison brandished his katana and with a scream, cut the CEO of Siebel in half"
Please help metamoderate.
These acquisitions insure that their database business doesn't suffer by suddenly NOT being offered (unlikely but always a possibility [and if I was selling DB/2, I'd worry,]) or that some NEW database engine gets a foot hold in the marketplace (more likely.)
We're seeing the death of competition in the database market.
MSBPodcast.com The opinions expressed here are my own. If you don't like 'em... Think up your own stuff.
Then I'll be impressed.
It is not our abilities that show what we truly are... it is our choices.
Should I start hoarding supplies for the next crash?
Hmmm... welcome to Slashzonk; all Zonk all the time. (What, 13 articles in a row? and no screwups? they musta upped his caffeine dosage) 8^p
A couple fans told me that my last journal entry was mint; give it a shot. Hope you like.
as to what this means for IBM and their service based model. Does the concentration of big ticket erp system portend an end for db2?
My question is: Who actually needs all this bloat? There are much simpler ways of implementing a solution that would work while saving on the license fees and consultants.
I work for a government contracting shop in Northern VA. We're living high on the government hog, and one of our clients wanted to implement Documentum. This product is so big, they've created entirely separate applications (each measuring many megs in size) just to install and configure the application. As a programmer, I am frustrated trying to maintain this. Why can't it Just Work(tm) when you drop a WAR file into the /webapps directory (Documentum is java-based, and their webtop application's WAR is 128mb).
Consultingware is a phenomenon that I just don't understand. Our client has no need for 90% of Documentum's functionality. They just wanted to share files on the web. They've spent millions on servers, licenses, and consultants (including my company) to install and maintain it. I could have written something much smaller that fit their needs, and saved them most of their money.
I don't know, maybe this is just a gripe. But when something feature-rich like PostgreSQL is available and you're hiring talented coders to maintain a HUGE application instead of writing a very small and lean one... well, I just don't get it.
Every line is code comes with a price tag. The less code the better. The smaller and simpler solution the better. Less is more. This is important when you're trying to keep costs low and compete in a competitive marketplace, which I suppose is not happening with a gov't client or a big honking corporation.
But I don't expect everyone (anyone?) to agree with me.
Interesting enough, Tom Siebel, the founder of Siebel, was once an ex-Oracle exec. I believe he left under less than pleasant terms.
Oracle is now the number one CRM company? What about SAP? They're so big and so dominant in their market that their product gave CRM systems the name "CRM" in the first place
Just a thought...
Does anyone know what the anti-trust or monopoly issues surrounding this might be. How many serious competitors does Oracle have in the US? How many in the world?
Isn't their behaviour of late equivalent to apple buying out Sun, Unix, Linux (metahphorically) and everyone else an an attempt to be bigger than microsoft?
Namaste
Acquisitions like this generally mean that competition is already dead and also usually, that the market has reached capacity. The bigger company sees it as more cost effective to just buy the customers of the other instead of trying to innovate and steal them. Especially in the case where there are no more customers to make, a company HAS to begin buying out competitors.
Hey, who ever put this story up, you got that backwards. Oracle is a U.S. company based in Cupertino, I believe Siebel is a German company. Just a correction.
Does this mean Larry only purchased Siebel for......
One Meellion Dollars!!!> (dramatic music)
What a steal!
"All great wisdom is contained in .signature files"
welcome our new CRAM (customer relationship application manager) overlords ...
...
especially since I'm an ORACLE developer since back in my military days
[wonder if I have to wear a happy smile now when I haven't had my morning latt~e?
-- Tigger warning: This post may contain tiggers! --
...that Microsoft bankrolls the research and development of a time machine to go back and stop Oracle from becoming so big but the machine has a GPF and instead falls out of the timestream onto the headquarters Remedy thus eliminating the threat of ARS forever instead.
If my grammar and spelling are off, I am [distracted/tired/careless] (take your pick)
Sybase who are already on weak footing? Anybody know much about how Siebel's CRM on-demand compares to Salesforce.com (which is pretty kick-ass btw)?
You heard it here first.
Actually, IBM does fine, but the big loser is probably Microsoft. Oracle believes in both Linux and J2EE, two concepts that are not Microsoft's. Siebel had previously announced they'd support both .NET and J2EE in their next big version. The .NET version is bound to disappear completely now. Siebel also announced that they'd support WebSphere Application Server as their J2EE runtime of choice. I think that'll continue -- it's hard to be enterprise J2EE without supporting the #1 runtime -- but I suspect Oracle will also allow using Oracle's own J2EE runtime as an alternative. Siebel also promised they'd move away from their Internet Explorer-only user interface. They've already started to do that, but you can bet Oracle will continue that trend and make sure that Siebel works great with Firefox, et. al.
I imagine the phone lines between Armonk and Walldorf and Redmond and Walldorf are pretty busy now. Now that this penny has dropped IBM has got to be running the calculus on how much they can afford to tick off Oracle by buying SAP. As things are today IBM does much more business with SAP than they do with Oracle so I'm guessing there's about a 50% chance they will enter the game now.
"He was quoted as saying: "I'm just trying to look the part of evil genius now"."
Just follow the manual
They seem to be buying customers now.
My guess is their next takeover target is Computer Associates. CA seems pretty ripe for the pickin'.
No folly is more costly than the folly of intolerant idealism. - Winston Churchill
On the Siebel home page they describe the advantages of the merger i.e. better customer satisfaction..blah..blah blah..
But check out this on Siebel website. It has several comments on how the PeopleSoft/Oracle merger is bad for customers.
Just as an example: Peoplesoft/ORACLE merger is a loss for the CRM market.
Someone better feed these web-developers to clean up the pages!
How about some anti-trust/ monopoly action?
- Sh!t
"My question is: Who actually needs all this bloat? There are much simpler ways of implementing a solution that would work while saving on the license fees and consultants."
So were are the *complete* OSS solutions then?
Oh, I dunno... maybe finally, some semblance of linux support for siebel apps?
Possibly, since Oracle just released the Win version of ORACLE 10g only two months AFTER releasing the Linux and Unix versions.
Remember, with Larry, it's personal. If he has to encourage Linux to beat Bill, he'll do it. And IBM must be ROFLMAO at this new turn of events, even if they compete, they still get Linux to eat Win shorts.
-- Tigger warning: This post may contain tiggers! --
Although I do not know the backstory and the history of Peoplesoft's quality, I can say definitively as an instructor at a University that uses Peoplesoft that we have experienced extreme woes (or so the the admins have been saying). Just this last week Peoplesoft, which manages our classroom assignments and registration, failed to properly assign rooms for the fall classes, resulting in mass confusion in for the students. If you think it's hard enough to get students to show up for class, Imagine having 240 students not know where their 8AM Friday class is until 11PM the night before...
I guess Siebel will have to take this http://www.siebel.com/crm-company/peoplesoft/index .shtm off their website now.
Only one? I doubt they will ever buy Microsoft. Will it come down to a two player game? I could see that.
At which point, an open source competitor will evolve, most likely.
Nature obhors a vacuum.
-- Tigger warning: This post may contain tiggers! --
It way exceeded our expectations. It's a nicer web-based solution without all the bloat. Oh, and it cost us a fraction of what the other products would have.
I'm a signature virus. Please copy me to your signature so I can replicate.
It's amazing when tech companies aren't using good/current technology to streamline things.
I worked for two years at Gateway Country in the Service Dept. The Siebel system setup they had was an improvement over the paper pushing system they had, but it was slow and wasn't integrated into the billing system.
In addition to that we were told "after every single field you change hit Ctrl+S to save" which must have been good for the servers. I asked about this, the management was looking at the number of saves per day to see how much work was being done. Nevermind they didn't seem to care about metrics like turn around time.
Comments posted anonymously to avoid losing my layoff check. Right before Christmas too, bastards.
It servers Siebel right. That had to be the hardest to configure, most espensive software on the planet. I was lucky enough to cash in my stock options in Fall 2000 when they were still above 100.
SAP is just waiting until Oracle buys everyone else out, then they'll buy Oracle.
...completes update to SugarCRM installation...shrugs shoulders...
AT&ROFLMAO
CIO magazine did a good piece on what happened.
http://www.cio.com/archive/041504/wireless.html
Hard to imagine...
No programmers are involved, other than to backup databases. No development is done, other than jawboning with consultants (who do the actual changes). With CRM, any inhouse developer becomes at best a systems analyst and will never see code again.
So again I ask, what does CRM have to do with Information Technology?
The market is actually contracting. Oracle buying up competitors means fewer vendors. How is that indicative of a bubble?
If there were three dozen new CRM start-ups appearing every few months -- backed by venture funding, going IPO, and then evaporating when everyone realized they didn't even have a product, let alone a chance of competing with the Oracles and SAPs of the world -- then that would be a bubble. This, on the other hand, is what we call consolidation. If anything, it's a sign that the enterprise applications companies are being realistic.
Breakfast served all day!
These graphs are totally meaningless. OK, so there were some people blogging about both Oracle and Siebel around August 1. How does this tell us anything about how "the buzz spreads" from an announcement made on September 12? The chart seems to end yesterday. You blog guys crack me up.
Breakfast served all day!
I recently had a critical problem on an Oracle 7 database. We are a big customer, but this release is no longer supported.
The help desk didn't bat an eye; I opened a Java applet that let them see my desktop, and we ended up running CATALOG and CATPROC (fairly sledgehammer approach, but it worked).
Was the Emeryville office (that tower along I-80) a satellite facility only?
The clearance system sounds logical. It is not. It is completely arbitrary. -- John Bolton
.. Did anyone else notice that all these CRM companies seem to be founded and/or run by ex-Oracle people?
What kind of $$$ would Oracle have saved if their culture had enabled CRM apps to be developed inhouse instead of having Oracle people quit and go out on their own?
(Or was the push out of Oracle necessary to do CRM in the first place?)
might be a microsoft subsidiary...that's the only chance someone could ever afford to buy Oracle ;)
"To compliment his German accent, Larry Ellison has also donned a monical and top hat..."
Q: What's the difference between God and Larry Ellison?
A: God doesn't think he's Larry Ellison.
While we're on the subject:
"Let's face it, Bill Gates is just a white Persian cat and a monocle away from being the next James Bond villian. 'No, Mr. Bond, I expect you to upgrade.'" -- Denis Miller
dragonhawk@iname.microsoft.com
I do not like Microsoft. Remove them from my email address.
I am a *Nix scripting guy and just wondering what Siebel does in thier CRM ? is it a product , or group of products or just standards for a proccess? Everyone keeps talking about till death and the impression is it can do everything, wtf does it do anyway , anyone ?
I wouldn't be surprised if there was a backstory like this for other government agencies too.
This is another sign that the software industry is quickly becoming a sibling of the automotive and aerospace industries -- mature! People are slow to realize that software is no longer a "garage-type" of industry. All of the low-hanging fruit is gone, eaten by the 800lb gorillas.
I'm sad to see it go.
Predictable move, but the timing would worry me if I were an Oracle stock holder, considering this acquisition was announced a week prior to the quarterly earnings report. Seems like they're already looking to distract from the results and nothing's better than a merger to explain away underachieving stock...
- illuminaut, arbiter elegantiarum.
I assume now that the market is only a couple players, that the Open Source (TM) CRM solution is 97% good enough to completely destroy that market?
And if not, what's so special about CRM? Not good enough to make free?
- Adam L. Beberg - The Cosm Project - http://www.mithral.com/
Oh you lucky person! I had a sell order at 130 and it collapse right around 127. I lost like 3 million before I finally sold.
Sigh.
I still have 35 shares left, I wonder if I'll get a decent amount of Oracle stock in return and if it will be worth more than the couple of hundred it is currently worth.
The best thing that ever happened to me was getting laid off from that place.
Hey c'mon...I submitted this story and it got rejected...how come you got it published?????
Any chance you worked in the Durham, NC office? I myself am sitting on about 100 shares. $19.80 breakeven point.
Wonder what is next..
Now all they need is a server OS and a server based office suite to push.. 'Hello Sun Micro, we need to talk'.
---- Booth was a patriot ----
I've taken to answering questions/file uploads in consecutive posts to ding them all the way to Immediate Response Required and fuck up their metrics. If they're pissing me off, that is; sometimes you get one of the excellent tech support guys and life is hunky dory.
You better watch out, there may be dogs about . .
Does anyone remember Scopus? A company I was working for several years ago was happily using Scopus for our CRM stuff and then they were bought by Siebel. What a disaster. I thought Scopus was kinda bloated but Siebel made it look like a miracle of engineering. I left about halfway through the migration. What a nightmare.
Database development is done on Red Hat Enterprise Linux systems. A few years ago Oracle made the switch from Solaris. Porting stuff to Windows is a bitch. I'm doing it right now in another division at Oracle.
So Linux support will be very good, since it is the development platform.
"People are slow to realize that software is no longer a "garage-type" of industry. All of the low-hanging fruit is gone, eaten by the 800lb gorillas.
I'm sad to see it go."
Bye, bye, OSS.
Which is actually what lots of open source people are pushing.
It's going to be a long, hard road to drive down the cost of software. Right now, it really looks like shifting money from license fees into consulting.
"Why buy a product when you can build it fairly quickly using XYZ open source framework?" is a common refrain I hear from many hallways. Not that this isn't a good option at times, it's just being pushed as the only option by a set of stakeholders with a vested interest in "building".
-Stu
Nah, was in Burlington, MA. 35 shares left, break even at $33. You must have got on board in early 1999 or last 1998?