Oracle Shells Out $1B To Buy ATG 109
wiredmikey writes "Oracle announced this morning that it would pay $1.0 Billion in cash to acquire ATG, a provider of high-end e-commerce software."
Arithmetic is being able to count up to twenty without taking off your shoes. -- Mickey Mouse
Here's the list of patents acquired: (Score:5, Informative)
http://en.swpat.org/wiki/Oracle#ATG_patents_acquired [swpat.org]
Re:Firsrt question (Score:3, Informative)
I'm betting none. From TFA ...
This is a commercial entity which sells eCommerce software to other commercial entities.
Sometimes, the story has nothing to do with Open Source. This is one of them. So, feel free to get on with your "so why do we care" rants now.
Re:Firsrt question (Score:5, Informative)
Re:Buying companies for their software patents? (Score:2, Informative)
ATG makes over $50 million a year in REVENUE.
They grew by 16% last year.
Even if this growth rate slows (more likely to accelerate as market improves) Oracle will still get a FULL return on their investment in 15 years or so.
That's much better than the 20 P/E ratio that Buffet always swore by and got so rich on.
Oracle is buying a profitable company that produces a commerce package that allows complex transactions, like the poster above mentioned.
ATG also has a customer base of 1000 large Orgs, that are likely not a duplicate list of Oracle shops. (Meaning Oracle now has contacts and inroads into several more large orgs)
THIS is why Oracle bought ATG: A commerce package they can bolt onto their vertical platform offerings, a customer base, and a solid revenue stream.
The bogus IP patents are just icing on the cake to help Oracle defend itself from MS, Google, Apple etc.
Smart thing would be to avoid using their products if you don't like their business model. Other than outright war its the only affect you can hope to have on them.
FTC and SEC should do their jobs and not rubber stamp their approval UNLESS Oracle can show HOW THIS WILL BE OF BENEFIT TO CONSUMERS. otherwise deny it!