While it waits for a federal court to rule on its hostile bid for PeopleSoft, Oracle is keeping the deal in play. The database giant extended its previously announced tender offer of $21 for all of the common stock of…
A federal judge is expected to hear closing arguments Tuesday in the government’s antitrust case against Oracle . District Judge Vaughn Walker is considering a U.S. Department of Justice request to block Oracle’s $7.7 billion unsolicited bid for PeopleSoft .…
You have to give SAP credit: It doesn’t get mad, it gets even. Scarcely four months after IBM took a swing at SAP by buying Trigo, SAP has swung back by acquiring Trigo competitor A2i. And in doing so the…
PeopleSoft warned that it will miss second-quarter financial targets, citing the strain of fighting off Oracle’s hostile takeover bid. “Although we have been able to meet or exceed our financial projections since Oracle launched their hostile tender offer more than…
SAN FRANCISCO — If Oracle succeeds in its quest to buy PeopleSoft , analysts surveyed by internetnews.com said mega mergers are certain to follow. Oracle CEO Larry Ellison’s testimony in U.S. District Court California Northern District Wednesday and other court…
NetSuite, a Web-based application provider, recently announced two new modules designed to further enhance its e-commerce capabilities and provide deeper integration with the suite’s financial, inventory management and sales and customer-support systems. The San Mateo, Calif.-based company will add new…
Business software service provider NetSuite has ended its 3-year licensing agreement with Oracle, under which NetSuite had been marketing a version of its suite of ERP, CRM and accounting applications under the Oracle Small Business Suite name. The agreement began…
Oracle will not be able to use some of its previous acquisition experience in court as it argues for a takeover of PeopleSoft next month. According to court documents, a federal judge granted the U.S. Department of Justice its request…
Software service provider NetSuite on Thursday unveiled the latest features to be included in the next major release of its on-demand business software, adding advanced ERP features that include revenue recognition, allocations, advanced budgeting, advanced billing and substantial multi-currency capabilities.…
PeopleSoft has reached a blanket agreement with disgruntled shareholders who had filed class-action lawsuits in protest of the Customer Assurance Program (CAP), formed after Oracle moved to acquire PeopleSoft last June. The Pleasanton, Calif. software maker, now locked in a…