Larry Ellison to buy EMC? Whimsical Wall Street analysts, eager investment bankers, and maybe a few pump-and-dumpers are presumably behind the chatter that Larry Ellison, who is synonymous with software powerhouse and server wannabe Oracle, is interested in buying disk-array giant and VMware owner EMC. That's a good one, right? Almost as good as …
EMC would never agree to being acquired. Oracle is already a bloated mass of a company and has a history of diluting and over-licensing their software that would drive a company like EMC down fast. Not to mention EMC is currently the leader in networked storage systems. They spend more in a year on research than NetApp's gross income. I highly doubt Oracle would continue that trend which would in turn lower EMC's competitiveness. Long story short, even if Oracle could pony up the cash to buy it, there's no way EMC's shareholders would agree to it. Not with as well as EMC has been doing, even through the recession.
It wouldn't be good. EMC is already on the wrong track with its support this year, but opting for a buy out by / merger with SunAcle would also put the sales on the wrong track (more expensive, etc). For me, it would signal the beginning of the end of a long career in EMC Storage Management on a self-employed basis. So let's hope these rumours are indeed what they seem to be: a way to increase stock prices (or is that stock value?)...
Mine is the one with signed Mozy reseller agreeement in the pocket.
Another wonderful example of humanity in the 21st century. Someone, who I assume people listen to, makes nothing more than a suggestion and due to the lightening speed at which we can now communicate, the rumour spreads faster than wotnot of a shovel, the markets get nudged and "money" starts changing hands!
We have to be seriously proud of what we have achieved with this internet thingy!
Roll on lunchtime today, when I can prop up the bar at the Red LIon and put this all into some sort of proper perspective!
Cheers!
Seems like a goer to me. Based on these figures, EMC is seriously undervalued.
And Ellison needs to put Hurd to work on something worthy of him. So stretching a little to buy EMC makes a lot of sense. And that'll fuel the drive to be bigger than IBM/HP.....
Meanwhile MS sit on the sidelines, pretending to be the good guys - and have comlpetely run out of steam. They have to be vulnerable in the forseeable future...
Clearly Larry wants VMware.
With zero debt I don't think EMC is ready to sell although one might argue that their biggest threat (Microsoft) is gaining ground as this may be as good as it gets.
Larry may well argue that to beat Microsoft VMware needs someone like Oracle behind it.
Some will say VMware is market leader but they used to say that about Novell!
What this signals to me is a 90 day window for VMware to be sold otherwise other players in the Virtual Server market should expect an approach.
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