Submitted by Eric Di Benedetto09.16.2008
Thunderdome
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This prediction is closed and has been judged.
Judgment on January 6, 2009: Oracle made no official offer to acquire Salesforce.com in 2008, which the community correctly predicted. -- The Industry Standard
Original prediction: One could speculate that salesforce.com might disappoint the stock market and analysts twice in a row when they release their next quarterly numbers. Assuming a negative return, the stock price could drop dramatically and force the board to seek a suitor in an expedited fashion.
A strong argument could be made that Oracle is the company that would gain the most by acquiring salesforce.com. If successful, Oracle could be perceived as owning that application category.
Prediction: Oracle publicly announces the intention to acquire salesforce.com before the end of 2008
Price History
Prediction Statistics
| Betting Closes: | Dec 31 2008 | Current Consensus: | 7.94% | Total Bets: | 24 |
| Today's Change: | 0% | ||||
| Life Time High: | 48.75% | ||||
| Life Time Low: | 7.94% |
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Oracle has their own issues to deal with right now to focus on acquisition growth.
They were in a similar situation when they acquired Siebel, but they decided to seize a unique strategic opportunity. History does repeat itself...
@Eric, there is a difference. Siebel was not in as good a shape as Salesforce.com. You are probably right from a strategic perspective. But I recalled Salesforce.com had indicated their intention to stay independent (when the talks of Google surfaced).
Oracle did not bid. Unfavorable judgment can now be rendered.
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