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.""
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
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