HP and SAP Spat Could Be Trouble for Stocks
June 7, 2013
Up until now the world of big data analytics has been a relatively friendly, yet competitive one. There always seems to be news of new partnerships and business deals among providers. However, as big money gets bigger, big data is getting mouthy. We discovered just how one war of words began in a recent Register article, “HP Tried to Offload Autonomy on SAP, says SAP Co-Chief.”
According to the story:
So, if you’re keeping track: Oracle didn’t want Autonomy. Oracle says it was approached about a sale before HP bought it. Dell didn’t want Autonomy, turning it down before HP bought it, too. Now, SAP didn’t want Autonomy, either, turning it down after HP bought it.
Poor Autonomy, right? Well, not so fast. This is where the story starts getting interesting. The battle over this beleaguered software title has begun to resemble political campaign double speak. Notably, there was the article in the Business Insider, which saw HP stating: “Contrary to reports in the media, HP has no interest is selling Autonomy. During the past year, we’ve received inquiries from SAP about purchasing HP software assets, and time and again we’ve said ‘no.’” Either way, this looks like the makings of an interesting rivalry. However, if squabbling continues, we’d expect stock prices for both companies to waver. In the meantime, why not use LucidWorks or one of the venture backed “been around a while” systems?
Patrick Roland June 07, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
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