Exclusive outtakes from industry leaders
IBM’s Chief Financial Officer Mark Loughridge didn’t have much to say about Oracle’s planned purchase of Sun Microsystems at the Reuters Global Technology Summit.
I don’t see that much has changed in this. They have been partnering for decades. It doesn’t fundamentally change the position” in the industry.
Loughridge also wondered aloud how Oracle was going to handle Sun’s hardware business, given that its expertise is in business software.
I think it’s going to be pretty tough to just announce that you’re now going to be a hardware business. It’s a fundamentally different business… it’s not like you have a track record in managing that kind of acquisition.