Ray Lane Says Oracle-PeopleSoft Is A Bad Deal
from the taking-potshots dept
Just as yet another top exec at Oracle is pushed out, News.com is running an interview with Ray Lane, the former COO and President of Oracle (who also got pushed out). In the interview he talks about why he thinks the Oracle-PeopleSoft deal is a bad one, and has some choice word's for his former boss. I guess it's no surprise that a former Oracle exec is making fun of Larry Ellison, as it seems like they all do so after leaving. Lane is quoted saying, "Ellison has an ability to say things and cause the press to react. That's what he's best at, not at developing products." He also thinks that most PeopleSoft customers will bolt if Oracle completes the deal, meaning that they'll have spent billions of dollars on absolutely nothing - since Oracle has made it clear they're only buying PeopleSoft for the customers.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
