Slow Oracle Merger Leads To Outflow of Sun Projects, Coders
An anonymous reader writes "Sun Microsystems might have had a chance if the Oracle merger had gone through quickly, but between the DoJ taking its time and the European Commission, which seems to get off on abusing American firms, just plain dragging its feet, that won't happen now. As Sun twists in the wind, unable to defend itself, and Oracle is unable to do anything until the deal closes, IBM is pretty much tearing Sun to shreds. By the time this deal closes, there won't be much left for Oracle. This is not how a Silicon Valley legend should end."
Stupid article - so three coders (JRuby team) quit, and Sun's losing in sales to IBM (which they were doing anyway before the merger).
Perhaps, it's just that the European Commission is just slightly less beholden to corporations than their counterparts in the US.
As far as I can tell their slowness to sign on to other corporatist things coming from the US has been a pretty good thing.
Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.
This is not how a Silicon Valley legend should end.
How should they end?
Spectacular bankruptcy like Enron?
Seems like most in silicon valley do a slow fade into oblivion and are eventually acquired for peanuts and never heard from again. 3DO, Transmeta, Borland, Quarterdeck, SGI, etc...
When information is power, privacy is freedom.
The summary places a lot of blame on regulators. But in fact, the article quotes IBM claiming the announcement of the acquisition is what drove people to IBM; that obviously has nothing to do with subsequent delays. As for talent leaving, the article provides one example of 3 employees who left because they were unsure of Oracle's commitment to their work. However, there is no reason to assume the EU or DOJ have anything to do with this. Oracle could have reassured them at any time, if they knew, and cared, which isn't a very realistic expectation for a small team in a big merger. What is motivating the story submitter to put so much unwarranted blame at the feet of the EU and DOJ?
So, are you saying American businesses are too stupid to avoid bad business situations? You make it sound as if you think of Europe as our enemy, rather than our staunchest allies. I mean, how DARE they provide better health care for less money than we do and make our capitalist health care system look bad? How DARE they get 32 hour work weeks with minimum one month of vacation. Here we are, working our asses off, and we aren't any happier than them for it. The bottom 80% of our society aren't any richer for it, either. That's just not fair, and obviously, they are evil for not fellating their owning class like we do. Why, if they aren't stopped, our peasantry might just get uppity ideas on their heads and start thinking they should get a share in our increase in GDP.
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
But $1.5B is in proportion to the fines given to some European companies. (And EU companies are fined by the EU, but it doesn't make the news in the USA.)
(PS Post in ~4 hours when all us Europeans are asleep, and the Americans will mod you up.)