BNET Industries
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Dow Jones Description
PeopleSoft, Inc. was acquired by Oracle Corporation June 1, 2005.
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NAICS Code Software Reproducing: 334611
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Emptoris Appoints New Chief, Adds to Product Portfolio
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Technology a favourite for Templeton
News & Analysis
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government and peoplesoft inc. - All News and Analysis
Oracle to pay 98.5 mln dlrs to settle US pricing probe
WASHINGTON AFP — Oracle Corp. agreed to pay 98.5 million dollars to settle allegations that its PeopleSoft unit used "false pricing information" to win a federal contract, the Justice Department said. The department said in a statement that the hefty corporate settlement by the US business software group was the...
Bellwether Report Issues Morning Alerts for Galton and 3 Softs
The Bellwether Report has identified four companies that our analysts will be watching over the course of trading, as with each case they came out with a pre market development that could justify some market corrections over the course of trading. BWR will be researching the developments that came...
Oracle extends takeover offer for PeopleSoft
REDWOOD SHORES, United States AFP — Business software group Oracle Corp. said it had extended a hostile takeover offer for PeopleSoft by two weeks to November 5. "The offer price remains at 21.00 dollars per share subject to Oracle's right to terminate or amend the offer at any time,"...
Oracle wins antitrust case, can pursue PeopleSoft
SAN FRANCISCO AFP — Oracle can pursue its 7.7 billion hostile takeover bid for rival business software maker PeopleSoft, a federal judge has ruled in a stunning setback for the US Justice Department. US District Judge Vaughn Walker, in a ruling late Thursday, found that the government failed to...
Former Software Executive Says Breaking into Large-Company Market Is Tough.
By Chris O'Brien, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Jun. 10--A former software executive testified Thursday during the Oracle antitrust trial that that his company failed to break into the market for selling business applications to large companies despite...
Oracle, PeopleSoft in court
Oracle's yearlong marathon to take over software rival PeopleSoft enters its final sprint in federal court today. A monthlong trial will largely determine the fate of Oracle's hostile $7.7 billion bid, the biggest in Silicon Valley since Hewlett-Packard and Compaq Computer merged in 2002. U.S. District Judge Vaughn Walker,...
Microsoft said it approached SAP about merger, to no avail
REDMOND, Washington AFP ? Microsoft acknowledged it approached German business software giant SAP AG about a possible merger in 2003, but that the talks failed and were concluded. The world's biggest software firm, which has faced antitrust action in both Europe and the United States, confirmed the discussions with...
Oracle joins trade group
Oracle Corp., which is battling the U.S. government in court over the company's $9.4 billion hostile takeover of PeopleSoft Inc., has joined a trade group that supported Microsoft Corp. in its fight with antitrust enforcers. Oracle, one of the software companies that backed the Justice Department's landmark...
Oracle witnesses not disclosed
Fairchild Semiconductor International Inc. and Matsushita Electric Industrial Co.'s Panasonic unit may be asked to testify about software purchases in the government's antitrust suit against Oracle Corp. The U.S. Justice Department is seeking to block Oracle's hostile takeover of Pleasanton-based PeopleSoft Inc., saying it would hurt customers...
European talks on Oracle conclude
BRUSSELS, Belgium -- European antitrust regulators concluded a two- day session on Oracle's proposed hostile takeover of PeopleSoft on Thursday, hearing arguments from customers, competitors and from PeopleSoft. The European Commission has until May 11 to make a final ruling. A trial over the U.S. Justice Department's...
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