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MongoDB Picks New CEO
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Doug Henschen
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Doug Henschen,
User Rank: Moderator
8/6/2014 | 1:28:45 PM
Re: Not quite Cloudera's formula
I've long thought that MongDB would be a good acquisition for IBM. They have a partnership already, it fills a void in IBM's portfolio, and NY-based MongoDB is well known to IBM's leadership. The danger is that MongoDB would lose its spark. I can think of several IBM acquisitions (Cognos, Netezza) that have kind of lost their groove after the deal, usually because the leadership splits and the aggressiveness and innovation disappears.

If MongoDB's venture backers are patient, they'll give it time to go IPO. If not, expect a deal, but in my book, independence would be the best path for MongoDB for now.
Laurianne
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Laurianne,
User Rank: Author
8/6/2014 | 1:14:29 PM
Re: Not quite Cloudera's formula
What do you think is more likely, Doug, the IPO or an acqusition?
D. Henschen
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D. Henschen,
User Rank: Author
8/6/2014 | 12:57:20 PM
Not quite Cloudera's formula
When Cloudera changed CEOs last year, former CEO Mike Olson became Cloudera's chief strategy officer and has stayed very much involved in technology leadership. Tom Reilly, the new CEO, was brought in as the new corporate leader, and they touted his experience in moving companies toward an IPO. At MongoDB, Schireson said he'll still be involved, but his successor will be CEO in every sense of the title, managing the company and leading tech as well as business strategy -- with input from two former CEOs, Schireson as vice chairman and Dwight Merriman, co-fouder and chairman.

 


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