A rumor going around today that Oracle will another big acquisition. Oracle might buy Micros (MCRS). Rumored price is $5B.
Yawn....
Oracle has been doing at least one big acquisition roughly every year.
Some succeed, some fail.
What is interesting is the question if this should be the model for other big high-tech companies.
Decades ago, the model was for every company to run its own internal R&D labs. This was a copy-cat of AT&T's Bell Lab (or IBM's or RCA's or Xerox's or ...)
Now the model is either:
Oracle, Microsoft, Yahoo -- big and small acquisitions
Apple, Google, Facebook -- (mainly) small acquisitions
IBM might be the only company that is still highly dependent on its internal labs. Why is that? Is it a fall-out of "disruptive" development?
BTW, over the past decade Oracle spent:
~10% on internal R&D
~20% on buying companies
~70% on everything else
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