Neowin News Feed for: Peoplesoft

Oracle to Buy PeopleSoft for $10.3 Billion

Mon, 13 Dec 2004 19:47:19 +0000

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... Read more...

PeopleSoft Shareholders Give Oracle Green Light

Tue, 23 Nov 2004 02:05:28 +0000

Oracle Relevant Products/Services from Oracle, backed by what the company views as a favorable response from PeopleSoft Latest News about PeopleSoft stockholders, is applying more pressure in an effort to complete its proposed US$9.2 billion... Read more...

EU approves Oracle's pursuit of Peoplesoft

Tue, 26 Oct 2004 14:27:23 +0000

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... Read more...

Microsoft rules out PeopleSoft bid

Mon, 04 Oct 2004 15:42:44 +0000

Microsoft CEO Steve Ballmer has ruled out acting as the white knight for business software maker PeopleSoft, which is trying to fight off a hostile takeover by Oracle. Several months ago, it... Read more...

Oracle would whack 6,000 PeopleSoft jobs

Michael Stanclift — Fri, 25 Jun 2004 23:33:13 +0000

Oracle would fire nearly 6,000 employees if it acquires PeopleSoft, according to Oracle business documents exhibited at the company's antitrust trial on Friday. The job cuts would save Oracle about $1.17 billion annually... Read more...

Gates mulled bailing out PeopleSoft

Thu, 24 Jun 2004 19:27:30 +0000

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... Read more...

Documents show PeopleSoft feared Microsoft

Michael Stanclift — Fri, 18 Jun 2004 06:01:07 +0000

'Shocked' world says: "who doesn't?" Oracle attorneys displayed internal PeopleSoft documents during testimony Thursday that showed the company was indeed concerned about growing competition in business applications from Microsoft and Lawson Software.... Read more...

Microsoft may trip up Oracle bid for PeopleSoft

Tue, 09 Mar 2004 07:38:50 +0000

Microsoft Corp. has given U.S. antitrust authorities a sworn statement that could help the government block Oracle Corp.'s bid to buy PeopleSoft Inc., attorneys familiar with the case said. Microsoft's statement to the Justice Department... Read more...

It's Official: Government To Fight Oracle Bid For PeopleSoft

Fri, 27 Feb 2004 01:26:20 +0000

As expected, the U.S. Department of Justice will fight Oracle's proposed bid to buy PeopleSoft. The Justice Department is filing a civil antitrust case to block the move in the U.S. District Court... Read more...

Oracle Adds More Funding For PeopleSoft Push

Wed, 31 Dec 2003 02:19:00 +0000

Oracle has raised another $1.5 billion to fund its $7.5 billion hostile takeover bid for PeopleSoft. In a filing with the Securities and Exchange Commission, Oracle said it has negotiated the $1.5 billion... Read more...

PeopleSoft harnesses AOL IM

Tue, 15 Jul 2003 18:42:50 +0000

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... Read more...

UPDATED: Oracle bid for PeopleSoft – announcement expected

Mon, 30 Jun 2003 11:20:00 +0000

The results of a hostile bid against PeopleSoft from the mighty Oracle are expected on Monday. There have been questions raised as to whether the US government will allow such a move due to possible... Read more...