October 8, 2007
SAP thinks it's ready to rumble
Woo boy. Euro-hippie Henning Kagermann is really strutting his stuff today after writing a $6.8 billion check for Business Objects. See here. I didn't think the dude had it in him, honestly. I didn't think Kagermann could actually spend that much money. I also didn't think he was stupid enough to fall for our jack-the-price-up strategy. But he was, and he did. It all worked beautifully. Safra was actually thinking about pushing the price up into the $8 billion dollar ballpark, but I said, no way, let's not push our luck on this one. Because here's the thing. If we made the price for Business Objects too high, we could have ultimately pushed SAP into bankruptcy, and we can't have that. We don't want to completely screw our competition. We need to keep some of our weakest competitors around so the feds think we're competing with somebody. It's the illusion of competition. That's it. I mean, you don't think SAP is actually going to be able to make this Business Objects thing work, do you? Ha! Henning Kagermann, bastard of bloat, we salute you.