SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Marvin Mansky who wrote (19210)9/2/1999 8:35:00 PM
From: Michael F. Donadio  Read Replies (1) of 64865
 
<<" Mr. Boerries, the founder of Star Division had been working on this productivity suite for 15 years. He went with SUNW because he knew it was a perfect fit in SUNW's business model and he was also offered a phenominal sum of money in the form of SUNW stock.">>

In fact IBM and not SUNW were the ones originally in talks to buy StarOffice. SUNW stepped in only when IBM decided not to buy them because IBM felt it would be in competition with their lotus division. It is being said that this may be the biggest mistake IBM has made since it gave MSFT the rights to the operating system for the PC.

cbs.marketwatch.com

IBM (IBM: news, msgs) executives reportedly were in talks about purchasing Star Division in July, but the talks broke down, according to Enderle.

IBM has a broader customer base and more clout in the computing market than Sun, Enderle said. But some executives within IBM reportedly feared buying Star Division would take business away from IBM's Lotus division, which sells an application suite.

"I think it will go down as one of IBM's biggest mistakes over time," Enderle said.


All the best,
Michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext