Why Oracle Should Acquire HP
Can bitter rivals become marriage partners? HP (NYSE:HPQ) and Oracle (NASDAQ:ORCL) have done nothing but spar over the past year as Oracle hired ousted HP CEO Mark Hurd, HP lambasted Oracle for dropping support of the Intel Itanium platform, ex-HP channel chief Adrian Jones signed up with Oracle and Oracle CEO Larry Ellison publicly and colorfully criticized the HP board of directors on more than one occasion. Now as HP contemplates spinning off its PC business and has committed to paying way too much for a software company, one analyst points to several reasons why it may be a good idea for Oracle to acquire HP. Here's what Bernstein Research's Toni Sacconaghi says about why Oracle may want to acquire HP
At the midyear mark, IT spending estimates for 2016 are generally h...