Posts by jaycee88

HCL picks up Notes, spanks total of $1.8bn at Honest John's IBM software sale

Re: Half what IBM paid for it.

I'm thinking that since IBM will be their largest client (and there are plenty more but not nearly the size), some clever finance people worked out how the ROI will look and when they need to break even on the original investment. I hope that when they did that calculation they added some margin for barrels of lipstick - to put on the pig.

Re: Why all the hate?

You posted exactly what I was thinking, really appreciate that Anonymous Coward! If we ever cross paths the coffee or adult beverage will be my treat.

Thoughts on the sale.

Some people really put value on antiques, well good for them. On a serious note, if IBM goes through their whole portfolio and closes down or sells the dead weight, they will be much more nimble to take major steps in order to truly transform. I was with Big Blue for 4 years, and believe given the quality of their leadership they can do it, if they actually decide to do so.