Re:Carbonite To Be Acquired by OpenText for $1.4B
by 1290cc on Wednesday December 04, 2019 @09:49PM
(#21709560)
This used to be the standard acquisition model for a few decades but I felt that since 2010 most large corporations figured out this wasn't a great strategy as they lost all the mindshare and eventually the market to a new competitor that sprung up from nowhere.
When I was at Oracle this was a well known business plan, if Oracle acquired it a bunch of guys who knew the market/problem well would get together, seek funding and start a competitor aimed at the existing customer base. People couldnt be happier to get out of working with Oracle so it worked well for a long time.
More recently larger companies have learned to leave their acquisitions alone. Just look at LinkedIn as a great example.
Re:Carbonite To Be Acquired by OpenText for $1.4B
by cmauniada on Thursday December 05, 2019 @12:34AM
(#21710219)
Interesting, I know that Oracle paid $850 million for moat analytics, would you happen to know any competitors that could have sprung from that acquisition?
When I was at Oracle this was a well known business plan, if Oracle acquired it a bunch of guys who knew the market/problem well would get together, seek funding and start a competitor aimed at the existing customer base. People couldnt be happier to get out of working with Oracle so it worked well for a long time.
More recently larger companies have learned to leave their acquisitions alone. Just look at LinkedIn as a great example.