It's amazing how much money rich organizations can waste, and how much time they can spend on the wasting.
They can get tempted to reinvent a better wheel for $$$, rather than reusing existing wheels for cheap; then they get sucked into a time/money sink of epic proportions while the simpler solution grows like a weed.
$8MM is a lot of money but that doesn't mean it will be spent wisely. During the dot-com days I worked for a company that had $30MM in funding and pissed every cent of it away.