Friday, September 19, 2014

Oracle CEO goes: “Iron Man” Larry Ellison takes off – ABC Online

Oracle CEO goes: "Iron Man" Larry Ellison takes off – ABC Online

Friday, 19.09.2014, 10:54
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He is such a thing as comic hero Tony Stark in real life: Oracle founder Larry Ellison is rich, lavish, arrogant rival and an aggressive businessman. His departure from the company’s peak marks the end of an era in Silicon Valley.

With Larry Ellison leaves one of the most colorful figures of the Silicon Valley the big stage. The 70-year-old billionaire is legendary for its aggressive stance, pithy sayings and an excessive lifestyle. So Ellison spares no expense for his great passion, sailing: His teams won again the prestigious America’s Cup, he had recently failed the appearance at a customer conference to watch a race decision.

modesty is certainly not a word that applies to Ellison. The magazine “Forbes” leads him into the current list of the richest people in the world in fifth place with a fortune of $ 51.3 billion thanks to its Oracle component. He collects houses, cars and airplanes, has reportedly even has its own fighter jet. In 2012, he bought an island in Hawaii, according to media reports for half a billion dollars. He was married four times and has been divorced four times.

In particular, Ellison makes but a ruthless conqueror spirit from. He took a hard line multibillion dollar hostile takeovers by, and is notorious for verbal attacks against competitors. For example, came as SAP with the databases product Hana on the market, Ellison joined a threat to Oracle in a conference call with analysts in the fall of 2012, alluding to the former SAP CEO Léo Apotheker in his typical manner of: “Give me the name of the pharmacist, they must be on drugs. ”



favorite enemy: SAP

With SAP co-founder Hasso Plattner and maintains Ellison anyway long been a cordial dislike: they are bitter rivals not only in business but also in sailing races. In 2007, Oracle also a legal battle against Europe’s leading software company in transition, after an employee of an American SAP daughter had downloaded material from an Oracle company.

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Symbolically announced SAP in the United States calculated on the day of Ellison’s Farewell to the top job after 37 years at the largest acquisition in company history. For about 6.5 billion euros of the provider of enterprise software for travel management and travel costs settlement Concur to be bought.



Self-made billionaire

Oracle also represents the classic story of a Self-Made -Mannes that was from a simple programmer for billionaire. He grew up as an adopted child in Chicago and broke his maths degree from to go to California as a programmer. In 1977, Ellison had the idea to enter with their own company to do business with databases for companies, which was then dominated by IBM. He struck a nerve. Sales grew rapidly and Oracle Ellison brought in a league with the Titans in the computer industry as Microsoft founder Bill Gates and Apple’s Steve Jobs. When Microsoft was late 90s targeted by competition watchdogs, Ellison hired private investigators to detect the Windows giant illegal business practices.

Jobs Ellison joined the other hand, years of male friendship. They met as in the early years of a Gifted Oracle of Jobs’ former girlfriend Peacock brought his neighbors Ellison with his screaming to sleep. The common fate as an adopted child joined the two men emotionally. Later, in the mid 90s, Ellison offered his friend to Jobs, he could just buy the ailing Apple Group and put into the hands of the founder. This proved to be unnecessary, Apple Steve Jobs took himself as a savior. Most recently, the Oracle founder in its usual uninhibited way was skeptical whether Apple can remain successful after the death of his friends: “We have already seen what happened to Apple without Steve Jobs.”

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