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Oracle to Buy PeopleSoft for $10.3 Billion

It's an early Christmas for Oracle Corp.—and PeopleSoft Inc. shareholders. The two companies announced early Monday morning a definitive merger agreement whereby Oracle will acquire PeopleSoft for $26.50 per share, or $10.3 billion. The final... More...

EU approves Oracle's pursuit of Peoplesoft

The European Commission approved Oracle Corp.'s proposed $7.7 billion hostile takeover of rival software company PeopleSoft Inc. on Tuesday, clearing the last competition hurdle to the deal. The deal was approved without any conditions, Commission... More...

Gates mulled bailing out PeopleSoft

Once again Oracle is shifting the attention of the court towards its possible competitor Microsoft. By bringing up e-mails between Bill Gates and Steve Ballmer. Where an e-mail from Bill Gates suggests that... More...

PeopleSoft harnesses AOL IM

PeopleSoft and America Online on Tuesday announced that they would integrate AOL's instant messaging service into PeopleSoft's business applications to enhance real-time collaboration for corporate users. PeopleSoft's products, ranging from its customer... More...

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