Will Oracle Buy HP?

Word on the street is that Oracle has threatened to buy its sworn enemy HP. According to the Times of India, HP directors are terrified that their falling shares would make the company vulnerable to a bid from Oracle. Apparently this was the reason for the sudden sacking of Leo Apotheker.

Oracle has considered informally whether to approach Hewlett-Packard, but it’s unlikely to make a bid any time soon. But to make sure HP has hired Goldman Sachs to help it prepare for any possible moves by activist investors, one person said.

If Oracle were to make a hostile takeover it would be with the sole aim of getting rid of a lot of people who have hacked Larry Ellison off. It might even result in Mark Hurd returning to the company.

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