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You really have to wonder if the inmates are running the asylum but Oracle has agreed to buy Seibel for 5+ billion. The article says that they have to borrow $1.5 billion to get the deal through. I smell WorldCom in this. Oracle is big and rich but the costs for acquisition is always expensive. I guess time will tell. Here is the story. Posted on Monday, September 12, 2005 11:56 AM Other | Back to top


Comments on this post: Oracle to buy Seibel

# re: Oracle to buy Seibel
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Look who has time to blog. :)
Left by Alan on Sep 13, 2005 5:28 AM

# re: Oracle to buy Seibel
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love oracle.
Left by site on Jan 11, 2010 1:39 AM

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