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peoplesoft inc. and u.s. department of justice - All News and Analysis

• Oracle to pay 98.5 mln dlrs to settle US pricing probe

  - 2006-10-10

  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...

  Tags: Government, Litigation, MARKETING, Oracle Corp., PeopleSoft Inc., Pricing, settlement, U.S. Department of Justice

• Oracle extends takeover offer for PeopleSoft

  - 2004-10-21

  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,"...

  Tags: antitrust, FINANCE, Government, Investment, Oracle Corp., PeopleSoft Inc., SECURITY, U.S. Department of Justice

• New twists boost Oracle in Silicon Valley battle for PeopleSoft

  - 2004-10-01

  NEW YORK AFP — The Silicon Valley dogfight between Oracle and PeopleSoft took a new turn as PeopleSoft dumped the chief executive leading its takeover defense, and US regulators dropped their antitrust case. PeopleSoft said it was terminating president and chief executive Craig Conway, who has led the fight...

  Tags: antitrust, board, FINANCE, Investment, Oracle Corp., PeopleSoft Inc., SECURITY, U.S. Department of Justice

• PeopleSoft Comments on Decision by the U.S. Department of Justice

  - 2004-10-01

  PLEASANTON, Calif. -- PeopleSoft, Inc. (Nasdaq:PSFT) learned today that the Antitrust Division of the U.S. Department of Justice DOJ has decided not to appeal the U.S. District Court's antitrust ruling.

  Tags: PeopleSoft Inc., U.S. Department of Justice

• DOJ Loses Oracle/PeopleSoft Antitrust Challenge

  - 2004-09-30

  Article by Howard W. Fogt, Jr., Michael A. Naranjo and Gregory E. Neppl Article by Howard W. Fogt, Jr., Michael A. Naranjo and Gregory E. Neppl

  Tags: antitrust, Oracle Corp., PeopleSoft Inc., U.S. Department of Justice

• Oracle wins antitrust case, can pursue PeopleSoft

  - 2004-09-10

  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...

  Tags: antitrust, FINANCE, Government, Oracle Corp., PeopleSoft Inc., SECURITY, U.S. Department of Justice

• Software field scrutinized

  - 2004-06-18

  SAN FRANCISCO -- A day after a PeopleSoft executive vice president said that Oracle and SAP are its only software competitors when dealing with large enterprise companies, more than three hours of cross examination Thursday raised questions that there may be more. On day eight of the...

  Tags: FINANCE, Oracle Corp., PeopleSoft Inc., software, U.S. Department of Justice

• Former Executive Tells Federal Agency Software Trio's Grip on Sector Was Tight.

  - 2004-06-11

  By Ellen Lee, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News Jun. 11--The former chief financial officer of J.D. Edwards & Co. said Thursday the company scrapped a decade of work and a billion dollars worth of redesigned software because...

  Tags: agency, J.D. Edwards & Co., Microsoft Corp., Oracle Corp., PeopleSoft Inc., SAP AG, software, U.S. Department of Justice

• Oracle, PeopleSoft in court

  - 2004-06-07

  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,...

  Tags: Government, Oracle Corp., PeopleSoft Inc., SOFTWARE, U.S. Department of Justice

• Oracle joins trade group

  - 2004-04-28

  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...

  Tags: antitrust, Government, Microsoft Corp., Oracle Corp., PeopleSoft Inc., SECURITY, SOFTWARE, U.S. Department of Justice