Photos: Silicon Valley's office jinx

Photos: Silicon Valley's office jinx

Summary: For every Oracle success story, there are more than a few companies that have run into trouble right after moving into their fancy new offices.

TOPICS: Oracle

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  • Exodus

    Company: Exodus

    Headquarters: Santa Clara, Calif.

    What happened: Exodus opened its fifth Silicon Valley data center in August 2000. Not long after, the aspiring hosting giant declared bankruptcy. Exodus was acquired by Cable & Wireless in 2002.

  • Novell

    Company: Novell

    Campus: San Jose, Calif.

    What happened: Despite concern about competition from Microsoft, then-Novell CEO Eric Schmidt moved the company's Silicon Valley employees into a new complex in 1998. Since then, Novell's revenue has stalled for nearly seven years and most of its executives now work out of Utah, where Novell got its start, and at corporate headquarters in Waltham, Mass. The San Jose campus was eventually sold to eBay.

  • Siebel

    Company: Siebel Systems

    Campus: San Mateo, Calif.

    What happened: Siebel moved into its new headquarters, with a health club, swank cafeteria, and day care center, in early 2001, just as revenues were peaking. Rival software maker Oracle announced plans earlier this month to acquire Siebel, whose revenue has been on a three-year slide. (Photo submitted by Canonsreenu)

Topic: Oracle

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