Friday, September 09, 2011

Is Oracle going to takeover HP?

 So I was calling a friend in a different country and who knows the inside details of HP.

And he was telling me that there are talks going on inside the company that Oracle is going to take over the company.

First the ex CEO of HP joins Oracle.

Then HP stops all its business in mobile technology and tablets with webOS which it bought for 1.3 billion dollars just a year ago.

 Then HP says that it will spin out its PC business or will sell it.

 Then it announces that it will be on the servicing side just like IBM.

So Oracle is another service provider and HP is a good candidate for a takeover now.

Would this happen?

May be.

Lets wait and see.






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