Oracle has ratcheted up its pressure on rival applications maker PeopleSoft by raising its cash buyout offer to $9.4 billion. The move comes as regulatory investigations to determine whether the merger would violate antitrust laws hurtle toward a conclusion. The…
Oracle will wait longer than expected to hear whether its bid for PeopleSoft is acceptable. The European Commission has put its in-depth investigation into the hostile takeover attempt on hold to request additional information from the database and applications vendor,…
Making good on its promise to focus on suites of Web services and enterprise management packages such as its Unicenter line, Computer Associates has sold off its business application subsidiary for $110 million in cash. The 90 percent ownership of…
Investor reaction was mixed Tuesday a day after Oracle said it might have to drop its $7.3 billion hostile bid for PeopleSoft over the enterprise software company’s licensing/rebate plans. On a light trading day Tuesday due to the Veteran’s Day…
Officials at TeaLeaf Technology, the only SAP spinoff, released RealiTea for businesses that want to track down Web site failures at the source. According to Geoff Galat, TeaLeaf vice president of product and marketing, said companies today need to focus…
For the past couple months, most of the coverage of PeopleSoft , has been about the highly-publicized attempts of arch-rival Oracle to take over the enterprise software company. But for the next few days, PeopleSoft has the chance to draw…
PeopleSoft surprised the industry Wednesday when it said preliminary results for the second quarter beat the average Wall Street estimates of earnings-per-share by one to two pennies — all in the face of a hostile takeover bid from rival Oracle…
Database software maker Oracle Tuesday said it will delay its legal fight with PeopleSoft after an inquiry by the federal government this week. The Redwood Shores, Calif.-based firm said it has mutually agreed with the other parties in the Delaware…
NEW YORK — PeopleSoft Chief Executive Officer Craig Conway Thursday said his company will guide the market for enterprise applications into a new era where business software is Web-based and automated, and middleware will be rendered nearly obsolete. Conway spoke…
Besieged by a hostile $5.1 billion takeover bid by Oracle last week, PeopleSoft late Tuesday cancelled its plan to seek a temporary restraining order to slow Oracle’s advances. Oracle said Pleasanton, Calif.’s PeopleSoft had advised it June 9 that it…