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Statement From Microsoft on Past Exploratory Discussions SAP

Neowin · Jun 7, 2004 18:38 EDT with -1 comments

Due to certain confidential information obtained from Microsoft Corp. in the pretrial discovery process that Oracle Corp. is expected to raise at the trial concerning the U.S. Justice Department's lawsuit to block Oracle's takeover of PeopleSoft Inc., Microsoft will, in this instance, depart from its longstanding policy of not commenting on discussions related to potential mergers and acquisitions.

Microsoft confirms that late last year it initiated preliminary discussions with SAP AG to explore the possibility of a potential merger between the two companies. A few months ago, Microsoft ended these discussions due to the complexity of the potential transaction and subsequent integration. There are no intentions to resume these talks.

News source: Microsoft PressPass