February 9th, 2008
Does an Oracle acquisition of Salesforce make sense?
I just heard from a reliable source that Salesforce.com has told Oracle that it would be willing to be acquired at $75 per share. That’s about a 50 per cent premium from Friday’s close of $50.87.
I’m checking with other sources but I think such a deal would make sense. It would give Oracle a ready-made online apps delivery platform, and Marc Benioff, the Salesforce CEO would make a good successor for Larry Ellison, CEO of Oracle. Plus it would be great strategic positioning against slow moving SAP.
I’ve mentioned some other reasons here: Is Salesforce Worth $75/Share To Oracle?
What other synergies are there between the two companies? Would a potential merger make sense?
Tom Foremski reports on the business and culture of Silicon Valley at the intersection of technology and media. He also writes at Silicon Valley Watcher. See his full profile and disclosure of his industry affiliations.
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