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Oracle’s Ellison Ensnared In Yachting Spy Saga

May 13, 2009
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

Oracle (ORCL) CEO Larry Ellison, not busy enough already with his various acquisitions, has been ensnared in a spy drama involving an employee of his BMW Oracle yacht racing team.

The New York Post reported today that Swiss billionaire Ernesto Bertarelli, who owns the rival Alinghi team, the current owner of the America’s Cup, asserted in court in Manhattan that an employee of BMW Oracle was arrested by Interpol (memo to self: find more reasons to link to Interpol) after attempting “to illegally break into facilities to take photographs and secure information” about the design of Bertarelli’s boat. Bertarelli’s team said the actions of the accused Ellison spy, Jean Antonie Bonnaveau, are still being investigated by Swiss and French authorities.

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