Another Foremski rumor surfaces…

March 25, 2008

Tom Foremski is at it again, attempting to stoke the coals of the rumor he started a while back about Salesforce.com being sold to Oracle. In his latest post on Zdnet, Foremski discusses why he thinks Salesforce.com CEO Marc Benioff will eventually succeed Larry Ellison, Oracle’s CEO.

From Tom’s post:

“The more I look at it the more I’m convinced that Marc Benioff, CEO of Salesforce.com, will replace Larry Ellison, CEO of Oracle when he retires.Of course, that would mean Oracle acquiring Salesforce, but Apple got back Steve Jobs when it acquired his Next corp. And I have heard from a very good source that earlier this year Salesforce had approached Oracle about a possible buyout at $75 per share, which would be a 50 per cent premium at the time, a reasonable premium.”

While I’m not a fan of tossing out rumors to generate hype, to Foremski’s credit the article is a good read and points out some interesting tidbits about Benioff’s relationship with Oracle and Ellison. Nothing we haven’t heard before of course but I also recommend a quick look see just so that when the time comes that something does happen (aka a buyout) down the road, you can look back at all the conjecture and have a laugh…

Continue reading over at Zdnet.

Comments

One Response to “Another Foremski rumor surfaces…”

  1. Steve Jobs is on the case | Salesforce Times on March 31st, 2008 1:02 am

    [...] Secret Diary of Steve Jobs has caught on to the Benioff succeeding Ellison rumor. Check it out for some just in time for April fool’s day [...]

Got something to say?