In the aftermath of the PeopleSoft/Oracle merger, analysts are sifting through PeopleSoft’s past for clues that led to its eventual sale. Nearly 19 months ago, the Pleasanton, Calif.-based company was growing its large-scale contracts while gracefully expanding its Human Resource…
In its latest pitch to take over its rival, Oracle said it has initiated plans for a proxy fight this spring. The Redwood Shores, Calif.-based software giant said it will nominate four men for PeopleSoft’s board of directors to take…
Oracle will drop its efforts to block PeopleSoft’s defense to Oracle’s hostile takeover bid if PeopleSoft’s shareholders fail to tender a majority of their shares by Nov. 19, according to an Oracle letter sent to a Delaware court. The development…
Oracle’s latest (and apparently its last) offer of $24 per share has triggered a maelstrom of opinions — most pointing toward a complete takeover of rival PeopleSoft. Analysts are quick to point out the revised offer worth an estimated $9.2…
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…
Enterprise software developers Sybase and PeopleSoft rolled out applications designed to make navigating the popular BlackBerry handheld device a little bit easier for business users. The BlackBerry — a device manufactured by Research in Motion (RIM) that can download e-mail,…
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…
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…