Enterprise software analyst Josh Greenbaum has a colourful way to describe Infor, the biggest application software company you’ve probably never heard of: “They are the Frankenstein’s laboratory for literally hundreds of products.”
More than 70 acquisitions have turned Infor into the world’s third biggest applications company – and left it with the mother of all integration challenges. Now, in Charles Phillips, former co-president of Oracle, it has secured the services of a CEO with big-time experience in handling this kind of situation. Read more
Given the questions that have arisen over the extent of his ethical lapses – and the fact that he was cleared of the most most serious claim against him, involving sexual harassment – it’s not surprising that Mark Hurd’s supporters are starting to come forward.
Oracle CEO Larry Ellison just unburdened himself of a typically outspoken reaction in an email to The New York Times. It includes this zinger: Read more
It is perhaps with good reason that Larry Ellison does not speak in public that often. Whenever he does, the famously bombastic Oracle chief executive seems certain to trash his rivals, make bold predictions about Oracle’s future, and wander off topic.
Last night at a meeting of the Churchill Club, Mr Ellison said that Sun Microsystems was losing $100m a month as European regulators scrutinise Oracle’s proposed takeover of the struggling hardware maker.
On the economy, Mr Ellison said it would be at least another five years before the US begins to recover. He said it would not be a V shaped recovery with a sharp rebound, or a W shaped recovery with a double dip, or a U shaped recovery with a pause before an uptick, but an L shaped recovery — “down and not coming back up.” Read more