IMS Purchases SDI

Quote
Was SDI really a competitor? 90% of there offerings were failures when competing agaist IMS. As far as golden parachutes, I hope IMS is smarter to check into this stuff. I also heard that some people in management are switching jobs - moving to a lower level - with the hope they can hide from the axe. Any truth to this rumor?
 






Anonymous said:
Was SDI really a competitor? 90% of there offerings were failures when competing agaist IMS. As far as golden parachutes, I hope IMS is smarter to check into this stuff. I also heard that some people in management are switching jobs - moving to a lower level - with the hope they can hide from the axe. Any truth to this rumor?
Click to expand...

It's "their" offerings, not "there" offerings.
 
























You guys have way too much tie on your hands...you ust already be on the unemployment line......Be sure to make room for the biggest failure...DA, TL, KP, and the biggest asshole of the all,JR!
 






Anonymous said:
The SDI executives including anyone with a VP title are to blame. They all continued to focus only on big pharma and their declining budgets instead of expanding into new markets with their data and expertise. All the while, cashing their fat checks and bonuses while expecting somebody else to fix the problems and find the way out. Classic case study for a business failure. Give IMS credit in that they are changing their vision and management to sustain their growth.
Click to expand...

sure they are!
 


















Can't believe that KP is trying to hide by stepping down as a VP to become basically an acct director on AZ. Does he think everyone is stupid? You can run but you can't hide. He failed as a acct director under Verispan! He failed miserably as a VP! And now he is trying to run and hide on AZ. KP....take my advice....people at IMS are not as dumb as those at SDI!!!!!!
 












What a bunch of miserable bastards you are at SDI I hope I don't have to work with any of you. IMS will pick out who they need and drop the rest. Sdi products suck nobody wanted what you had to offer. If they did you wouldn't be IMS bitches now
 






Anonymous said:
"people at IMS are not as dumb as those at SDI!!!!!!"

Pretty much people everywhere aren't as dumb as SDI people, hence their epic fail.
Click to expand...
Ain't that the truth. The problem with SDI isn't about KP or other individual sales people; it's about managements inability to interpret their own data that pharma asks them to collect and report. They knew the market was changing ten years ago, but chose to either ignore it and not make the changes that they needed to in order to prepare for it. That's why they made the desparation play and grossly overpaid for Verispan; and why they ended up in a fire sale with IMS....case closed. And it's not just AK and his dad....why do you think the board of Verispan washed it's hands of that company when they sold it to SDI??? They knew management didn't have the talent or ability to navigate the changing market.
 


















shame it has come to this. Kress family f'd up a lot of lives but they could care less. Junior has no clue on how to run a company. he surrounded himself with a bunch of ass kissers from the head of HR to the head of IT. I just wish that the Kress family was going to lose some $ but it looks like they will come out ok. bruised ego maybe but no dent to the bank account
 






Anonymous said:
shame it has come to this. Kress family f'd up a lot of lives but they could care less. Junior has no clue on how to run a company. he surrounded himself with a bunch of ass kissers from the head of HR to the head of IT. I just wish that the Kress family was going to lose some $ but it looks like they will come out ok. bruised ego maybe but no dent to the bank account
Click to expand...
Wrongo. Big dent!!! Remember, he had to give up a big piece of the company one year into the acquisition because of performance. He ended up getting a fraction of what he would have if he had sold SDI to IMS three years ago.
 






Purchase of Verispan for $100 million was all debt. Ownership percentage never exceeded the original value of SDI which was about $40 million (1x revenue). The $40 million was diminished substantially when the additional PE was taken on in 2009. It is doubtful that AK is walking away with anything from this whole transaction. The bottom line is that he was too arrogant for his own good and surrounded himself with similar arrogant bastards (AD & JR). These schmucks will get what they deserve which is a new PC to search online for jobs. Good luck finding your next big payday as each of these buffoons is damaged goods in the industry.Maybe the three of them should pool their money and buy a car wash or a Subway franchise. God knows that two of these morons never met a sandwich they didn't like. The other guy can use some special Subway sauce to spike his hair.
 






Anonymous said:
Purchase of Verispan for $100 million was all debt. Ownership percentage never exceeded the original value of SDI which was about $40 million (1x revenue). The $40 million was diminished substantially when the additional PE was taken on in 2009. It is doubtful that AK is walking away with anything from this whole transaction. The bottom line is that he was too arrogant for his own good and surrounded himself with similar arrogant bastards (AD & JR). These schmucks will get what they deserve which is a new PC to search online for jobs. Good luck finding your next big payday as each of these buffoons is damaged goods in the industry.Maybe the three of them should pool their money and buy a car wash or a Subway franchise. God knows that two of these morons never met a sandwich they didn't like. The other guy can use some special Subway sauce to spike his hair.
Click to expand...
Much more than he paid for Verispan, but most of what you said makes sense.
 






Anonymous said:
What a bunch of miserable bastards you are at SDI I hope I don't have to work with any of you. IMS will pick out who they need and drop the rest. Sdi products suck nobody wanted what you had to offer. If they did you wouldn't be IMS bitches now
Click to expand...

Wow, this coming from someone who doesn't even know how to use periods. I guess you're Hooked on Phoenix's bitch now.
 






Top Bottom
Back
Quote