CEO Larry Ellison delivered an ambitious 24-month roadmap of priorities for
the nearly 35,000 attendees at Oracle OpenWorld San Francisco yesterday
afternoon. From open standards and security to industry functionality,
business intelligence and automation, Oracle has the scale to invest in
meeting customers' most-demanding requirements.
"Scale is very important in the software business," Ellison said. "As we get
larger, we're able to invest more money."
Oracle's focus starts with supporting open standards in order to provide
customers with flexibility in their software investment. Oracle was founded
on support for industry standards, according to Ellison, when it introduced
its first relational database based on SQL rather than a proprietary
language. Now, open standards are at the heart of the company's development
of Oracle Fusion Middleware with "Hot-Pluggable" cap... (more)
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It remains to be seen whether or not Delaware Chancery Court Judge Leo
Strine, pictured here entering the courtroom for this afternoon's session, ... (more)
Here is the full text of the letter to PeopleSoft Inc. shareholders sent
today by Oracle as part of the tender offer to buy PeopleSoft's common stock
filed on June 9, 2003, as amended and restated on November 3, 2004.
November 18, 2004
Dear PeopleSoft stockholder:
It is now time for you, PeopleSoft's stockholders, to decide whether to
accept our tender offer.
Oracle's best and final $24.00 per share offer for all of the outstanding
shares of PeopleSoft is set to expire at midnight EST on Friday, November 19.
Our offer represents a 60% premium to PeopleSoft's share price at the tim... (more)
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In the course of its antitrust trial back in June, when the US Justice
department was still trying to block any merger between his company and
PeopleSoft, Oracle chairman Jeff Henley was happy to reveal to anyone who
asked that Oracle's board had compiled a list of potential "Plan B" takeover
targets. The list included Siebel Systems, Lawson Software, and BEA Systems.
So, five months from that revelation, is Oracle about to walk from ... (more)
Touting a 20-year commitment to Microsoft platforms, Oracle joined the
Microsoft Visual Studio Industry Partner (VSIP) program in May, and has now
announced Oracle Developer Tools for Visual Studio .NET, a free plug-in that
enables developers to use Microsoft Visual Studio .NET to develop and deploy
Oracle Database 10g applications on Microsoft Windows. This plug-in
integrates Oracle Database 10g and Visual Studio .NET and reinforces Oracle's
commitment to meet the needs of the Windows development community.
"Oracle's participation in the Microsoft Visual Studio Industry Partner