UPDATED: Oracle has upped its offer for PeopleSoft to $24 per share, in what it called its final bid for the elusive enterprise applications company it has been trying to acquire since June 2003. The revised offer is $3 per…
UPDATED: European Union regulators will not obstruct Oracle’s hostile takeover bid for PeopleSoft, officials said Tuesday. After a lengthy probe, the European Commission (EC) said there was not enough evidence to suggest that competition would suffer under the current $7.7…
If Oracle is buying, PeopleSoft’s Dave Duffield isn’t selling — at least not at these prices. The founder and new CEO of the Pleasanton, Calif.-based software maker issued a memo to employees this week dispelling any rumors that he returned…
All eyes are on a Delaware Chancery Court judge now that Oracle’s lawsuit against PeopleSoft closed Friday. The two-weeks’ worth of testimony centered on Oracle’s request that PeopleSoft remove its Customer Assurance Program (CAP). The guarantee is a refund to…
Courtesy of SmallBusinessComputing.com One advantage big business usually has over SMBs is the ability to buy whatever the software they need all at once so that it’s it fully integrated into one organized system. Small businesses, on the other hand,…
Microsoft’s business solutions group has launched its latest ERP application for the mid-market. Solomon 6.0 is targeting businesses with heavy lifting computing needs with projects or services.In this release, project management and accounting have become one integrated business system. Integrating…
Analysis — The stars are aligning for Oracle’s acquisition plans for PeopleSoft, but analysts say customers need to set their compasses to watch all the players in enterprise software applications if the deal goes through. Two obstacles cleared out of…
UPDATED: Citing a loss of confidence, PeopleSoft’s board of directors said it fired President and CEO Craig Conway in a unanimous vote that could have significant ramifications for the fate of the enterprise software company. The surprise announcement said PeopleSoft…
SAN FRANCISCO — UPDATED: In its quest to thwart Oracle’s $7.7 billion hostile bid and remain a standalone company, PeopleSoft plans to partner with IBM for its middleware support, CEO Craig Conway said today. During a company-sponsored conference here, the…
A federal judge has cleared the way for Oracle’s $7.7 billion hostile takeover bid for PeopleSoft, but the plan still has many hurdles ahead. U.S. District Court Judge Vaughn R. Walker issued his 164-page ruling late Thursday saying the antitrust…