"It's the End of Software," Declares SalesForce.com's Marc Benioff
Like Tom Siebel, Who Today Sold Siebel to Oracle for $10.66 per Share, Benioff is a Former Ellison Employee
Sep. 12, 2005 09:00 AM
"Oracle put Siebel investors out of their misery today," SalesForce.com's Marc Benioff (pictured) declared today to his employees and management team as Oracle agreed to buy Siebel for $10.66 a share. "We have been doing that for Siebel customers for years."
Benioff's anti-Oracle bias reverberated through his next words:
"Now, the opportunity to be the global leader in the CRM market has opened for salesforce.com. Our dream is becoming a reality as the world will move to new on demand solutions. Already the fastest growing public CRM company in the world, with over 50% market share in On Demand CRM, salesforce.com is well poised to become the world's new global CRM leader."
"It is auspicious," Benioff concluded, "that this is the very day that we are announcing our new strategy at Dreamforce with AppExchange and our Winter '06 release."
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