RSS
Логотип
Баннер в шапке 1
Баннер в шапке 2

Oracle can purchase HP

width:200px

30.09.11, 18:54, Msk
Текст: Sergey Mazharov

Happening today to HP some competitors use for sneers at it, analysts consider. Statements of the head of Oracle corporation Larry Ellison concerning Hewlett-Packard probably have under themselves much more serious reasons.

Oracle obviously enjoys that HP stumbles and behaves now quite clumsily. Last year the software giant employed the former CEO of HP Mark Hurd as the president, and now Ellison is glad to fill salts on wounds of HP.

It is possible to give recent extremely outright charges of Oracle of the CEO of the British firm of the software of Autonomy of a lie as the last example of the impartial public attitude towards the rivals. HP Autonomy for the amount purchased more than $10 billion.

Last week Ellison said that Autonomy offered itself to Oracle, but the company did not become interested in the offer as $6 billion, as the transaction price, look "absurdly highly".

The CEO of Autonomy Mike Lynch denies the fact of such meeting. And on Wednesday night Oracle issued the press release in which reported that in Oracle the presentation in the PowerPoint format with participation of the investment banker of Autonomy took place. Also are specified in it a certain date and time of a meeting of Lynch and Heard.

In other messages published on Wednesday, Lynch recognized that he had a meeting with Heard, but only for a conversation on technical issues in the software. After this Oracle issued one more press release, on 1:31 a.m. Thursdays with the heading "One More Hamburger from the CEO of Autonomy Mike Lynch". Oracle specified a hyperlink to the section on the website with the bright signature of Oracle.com/PleaseBuyAutonomy in this release (Purchase Oracle, please, Autonomy).

Why all this Oracle? Ellison is known for the eccentricity. But, it seems, that similar excesses the company came to a new maximum (or at least?) public relationship.

According to the analyst of the CNN Money edition Paula La Monica (Paul R. La Monica), Oracle scented a blood smell as a shark which Ellison is, in hope to make a throw and to kill. La Monica considers that in plans of Oracle possible purchase of HP. And such opinion has the right to life as there are some to that confirmations.

Last week (all in a month after the declaration of HP of the transaction with Autonomy) HP dismissed the successor Heard, Leo Apotheker. The termination of business of tablets is planned and the possibilities to bring business of the PC out of the company are considered. The former CEO of eBay Meg Whitman is appointed to replacement to Apotheker.

Stocks of HP dropped more than by 40% this year. Nevertheless, they went up in price with arrival Whitman a little, and HP remains very large company. Its market value, even in its current difficult situation, nearly $50 billion.

In spite of the fact that Oracle costs $150 billion and has nearly $30 billion cash, it will be difficult for it to bite off and chew this piece, La Monica considers.

According to Eric Jackson (Eric Jackson), the member of management of a hedge fund of Ironfire Capital, Ellison would like to purchase HP, but a problem in its size. Despite falling of its cost, all the same it would be very big deal. "But people all the same would like to purchase it as HP costs little so now", - Jackson noted.

He also said that before this company can become someone on teeth, stocks of HP probably should roll down, at least, for 15%. Sneers that perhaps overpaid HP for Autonomy, will not add to Ellison friends in Board of Directors of HP. But they can affect shareholders who already think that it is necessary to carry out additional correction of a rate to the companies to win back the lost positions annoyingly.

All above-mentioned, according to investment bankers and analysts, can say that Oracle prepares for possible falling of share value of HP, accumulates the political capital and means.