HP to sign mega deal with Salesforce, may dump Oracle Siebel: analyst

PC giant Hewlett Packard (HPQ) is probably going to sign a mega customer relationship management (CRM) deal with Salesforce.com for about 35,000 to 40,000 seats, a move that might end up replacing Oracle Siebel as its CRM provider.

“HPQ is completely shutting down Oracle Siebel, which contacts tell us has made Oracle very furious. Contacts tell us that by moving to Salesforce, HPQ may be saving 40 percent – 50 percent over ORCL Siebel,” Trip Chowdhry, an analyst at Global Equities Research said citing industry contacts.

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