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The software fees are likely reduced/free. I've worked at companies that have sold in house software to other companies to make them public. It's usually result
by dagmx 6y ago
The software fees are likely reduced/free.
I've worked at companies that have sold in house software to other companies to make them public. It's usually resulted in lowering in house maintenance costs and the licensing agreements have a sweetheart deal for the original company.
Usually it's a win win, unless you value keeping control (which can be quite valuable)
- wegs 6y ago> Usually it's a win win, unless you value keeping control (which can be quite valuable) My experience is that it's usually overvalued. An external, focused company will usually do a better job than an internal project. It's emotionally hard to give up control, but successful companies tend to focus on a few things, do them really well (areas of competitive advantage), and outsource everything else. A best-of-breed external solution almost always beats an in-house solution. I'd just never do something like this with Oracle. Their business model seems to consist of locking companies in, and then milking them.