Oracle's Ellison: 'No Interest in Being in Hardware'
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Oracle's Larry Ellison Photo: David Needle |
Ellison spoke before a packed hall at the Fairmont Hotel here Monday night "in conversation" with Silicon Valley veteran Ed Zander at a Churchill Club event. Zander, now an investor and advisor to various tech companies, has worn many high level hats over his career including president of Sun Microsystems and CEO of Motorola.
And since Oracle and Sun had a fairly chummy relationship during Zander's tenure, I expected mostly softball Q&A banter.
"What could you possibly be thinking, why didn't you call me first?" Zander went on to detail reasons why the acquisition didn't seem to make sense. For one, Oracle's success over the past thirty years has been about a steady drumbeat of software, software and more software available on multiple platforms.
With Sun, said Zander, Oracle's getting a struggling hardware company that's losing market share.
Ellison gave Zander an "are you finished?" look and defended the deal.
"We have no interest in being in the hardware business," said Ellison.
That brought a hush to the room. Here it comes, the conspiracy theorists were right, Oracle is going to jettison Sun's hardware business...