By Oracle News Desk Having already spent $111M acquiring PeopleSoft, Oracle has now taken charges in its latest quarter in connection with the acquisition so substantial that its quarterly earnings dropped 15%. We are beyond satisfied,' Oracle Co-President Safra Catz nevertheless told reporters, adding: '... Mar. 24, 2005 12:00 AM EST Reads: 10,011 Replies: 7 |
By Oracle News Desk Stories from the week in which SAP has seen itself re-raised by Oracle in its bidding war to acquire Retek; Google launched a site for external developers interested in Google-related development; Sun tinkered with Java licensing; and SCO sought to rekindle its Unix business by sending... Mar. 20, 2005 12:00 AM EST Reads: 6,290 Replies: 2 |
By Oracle News Desk SAP, which thought its acquisition of Retek for $8.50 per share was in the bag 2 weeks ago, has seen itself re-raised by Oracle, which yesterday trumped SAP's newest $11.00 per share offer by 25 cents. Mar. 19, 2005 12:00 AM EST Reads: 10,678 Replies: 1 |
By Oracle News Desk Harry You, chief financial officer of Oracle since July 2004, has left the company and is taking his wealth of experience in corporate finance to a position as chief executive officer of BearingPoint, Inc. - effective March 21, 2005. Mar. 18, 2005 12:00 AM EST Reads: 11,723 Replies: 2 |
By Oracle News Desk  Studio Interviews Mar. 15, 2005 09:00 AM EST Reads: 6,935 |
By Oracle News Desk With this release, Oracle delivers the most comprehensive implementation of EJB 3.0 specification accessible today. Mar. 7, 2005 12:00 AM EST Reads: 7,376 Replies: 2 |
By Oracle News Desk Following on last year's entrance into the Microsoft Visual Studio Industry Partner (VSIP) program, Oracle has announced it has released a beta version of Oracle Developer Tools for Visual Studio .NET, a plug-in component that enables developers to use Microsoft Visual Studio .NET 2003... Feb. 10, 2005 12:00 AM EST Reads: 9,098 |
By Oracle News Desk Oracle has released a beta version of Oracle Developer Tools for Visual Studio .NET, enabling developers to take advantage of the best features in Oracle Database and Visual Studio .NET. Feb. 10, 2005 12:00 AM EST |
By Oracle News Desk Oracle/PeopleSoft, with just 20% of the market in core enterprise-resource-planning applications (compared to SAP's 36%), is going to 'war' with the German ERP giant, according to Larry Ellison in remarks he made to Wall Street analysts this week. Jan. 28, 2005 12:00 AM EST Reads: 16,668 Replies: 10 |
By Oracle News Desk According to Oracle co-President Safra Catz, 90 percent of former PeopleSoft employees who have been offered jobs have agreed to stay - including 96 percent of PeopleSoft's developers. 'We think things are going very well,' Catz told analysts in New York on Wednesday. Jan. 27, 2005 12:00 AM EST Reads: 14,078 Replies: 2 |
By Oracle News Desk Oracle Corporation (NASDAQ:ORCL) today forecast pro forma earnings per share growth of 24 percent or $0.62 per share for Fiscal Year 2005. For Fiscal Year 2006, the company announced that it is targeting pro forma earnings per share growth of 22 to 28 percent or $0.76 to $0.80 per shar... Jan. 26, 2005 12:00 AM EST Reads: 1,901 |
By Oracle News Desk Speaking to CNBC in a TV interview, Larry Ellison has said: 'We never like to be in the position where we have more employees than jobs - but that's just one of the things that happen when you glue two big companies together.' He added: 'We're sorry.' Jan. 23, 2005 12:00 AM EST Reads: 25,034 Replies: 4 |
By Oracle News Desk According to a document just filed with the SEC, the founder of PeopleSoft - David Duffield, who stepped in as CEO when Craig Conway was suddenly fired by the PeopleSoft board - is no longer with the company. He resigned last week as CEO, chairman, and director in the wake of Oracle's ... Dec. 29, 2004 12:00 AM EST Reads: 19,589 Replies: 6 |
By Oracle News Desk In all all-cash deal worth approximately $10.3 billion, Oracle is going to acquire 100% of PeopleSoft's shares, at a newly-increased price of $26.50, a $2.50 increase on its 'best and final' offer which expired in November. PeopleSoft's board has approved the deal. 'We believe this rev... Dec. 13, 2004 12:00 AM EST Reads: 13,510 Replies: 2 |
By Oracle News Desk Oracle has certified its Database 10g, Application Server 10g, RAC, Collaboration Suite and E-Business Suite 11i on SuSE Linux Enterprise Server 9 (SLES 9), the operating systems Novell released in August that's based on the 2.6 Linux kernel. Dec. 3, 2004 12:00 AM EST |
By Oracle News Desk Despite receiving 61% of PeopleSoft shares in its tender last month, Oracle hasn't yet overcome PeopleSoft's 'poison pill' provisions aimed at making a takeover too costly even for Larry Ellison. Just in case Oracle fails in its attempt to have a court remove the pill so it can move fo... Dec. 3, 2004 12:00 AM EST Reads: 19,265 Replies: 12 |
By Oracle News Desk Vice chancellor Leo Strine of Delaware's Court of Chancery has just said that the parties to the case are entitled to present evidence, and that the trial involving Oracle's attempt to get PeopleSoft's antitakeover measures overturned will continue in December. Nov. 24, 2004 12:00 AM EST Reads: 6,372 Replies: 5 |
By Oracle News Desk 'We suggest you consider [PeopleSoft's] track record when evaluating what PeopleSoft's board is telling you now and in deciding whether to tender your shares,' states Oracle in a statement issued to PeopleSoft Inc. shareholders today. The statement adds: 'We look forward to closing thi... Nov. 18, 2004 12:00 AM EST Reads: 11,541 Replies: 6 |
By Oracle News Desk Larry Ellison has raised Oracle's offer for PeopleSoft to $24 a share from $21 - a hike of 14%. This is the fifth new offer since the hostile takeover saga began last June. Nov. 1, 2004 12:00 AM EST Reads: 15,823 Replies: 4 |
By Oracle News Desk The 25-member European Commission is reportedly about to announce that it is removing the last remaining obstacle to Oracle's hostile takeover bid for PeopleSoft. After a year-long review of the deal, much longer than the 5 months that is usual for such a review, the Brussels-based Com... Oct. 26, 2004 12:00 AM EDT Reads: 9,095 Replies: 7 |
By Oracle News Desk According to Oracle Co-President Safra Catz, his company's $7.7 billion, $21 a share tender for PeopleSoft stock might well now need to be lowered, the Delaware Chancery Court heard yesterday - increasing the impression, among all who attended, that Oracle is determined to leverage the... Oct. 12, 2004 12:00 AM EDT Reads: 11,228 Replies: 2 |
By Oracle News Desk According to Oracle Co-President Safra Catz, her company's $7.7 billion, $21 a share tender for PeopleSoft stock might well now need to be lowered, the Delaware Chancery Court heard yesterday - increasing the impression, among all who attended, that Oracle is determined to leverage the... Oct. 12, 2004 12:00 AM EDT Reads: 2,487 |
By Oracle News Desk It remains to be seen whether or not Delaware Chancery Court Judge Leo Strine this week will side with Oracle and declare void PeopleSoft's poison-pill strategy designed to stave off the hostile takeover bid. Before then it may become moot; if Oracle ups its current $21 tender offer fo... Oct. 6, 2004 12:00 AM EDT Reads: 17,348 Replies: 3 |
By Oracle News Desk 'This decision puts the onus squarely on the board of PeopleSoft to meet with us,' said Oracle chairman Jeff Henley triumphantly as Judge Vaughn Walker ruled against the US Justice Department and 10 states, ending their quest to block Oracle's would-be 'hostile takeover' of rival Peopl... Sep. 10, 2004 12:00 AM EDT Reads: 22,202 Replies: 2 |
By Oracle News Desk The antitrust authorities have failed to prove their case requesting that the US District Court should block - on antitrust grounds - Oracle's proposed $7.7 billion hostile takeover bid of PeopleSoft. Shares of both companies rose yesterday, PeopleSoft's climbing about 15 percent to $2... Sep. 10, 2004 12:00 AM EDT Reads: 28,702 Replies: 9 |
By Oracle News Desk Oracle announced that its Application Server 10g customers are using the server's J2EE capabilities on a wide scale. This pattern of use is not localized to one area, but is being observed in all of Oracle's global markets. Sep. 9, 2004 12:00 AM EDT Reads: 4,765 Replies: 1 |
By Oracle News Desk At the Apple Worldwide Developer Conference and the JavaOne Developer Conference, Oracle executives announced plans to make Oracle technology available to developers who are using the latest version of Apple Computer's UNIX-based operating system. Jun. 30, 2004 12:00 AM EDT Reads: 5,752 |
By Oracle News Desk Oracle unveiled the industry's first and most complete Service Oriented Architecture (SOA) and integration platform, featuring Oracle BPEL (Business Process Execution Language) Process Manager. Jun. 30, 2004 12:00 AM EDT Reads: 286 |
By Oracle News Desk Security vulnerabilities have been discovered in Oracle E-Business Suite. These vulnerabilities may allow a knowledgeable and malicious user to execute unauthorized procedures or SQL inside the database. Jun. 12, 2004 12:00 AM EDT Reads: 10,183 |
By Oracle News Desk In an agreement that will help software developers build Oracle applications on the Microsoft Windows platform, Oracle will participate in the Microsoft Visual Studio Industry Partner (VSIP) program. May. 21, 2004 12:00 AM EDT Reads: 6,508 |
By Oracle News Desk Oracle JDeveloper 10g, the newest release of Oracle's Java and Web services development environment, is now available. Apr. 14, 2004 12:00 AM EDT Reads: 7,338 Replies: 1 |
By Oracle News Desk (October 28, 2003) - Oracle demonstrates its integration with Microsoft .NET-connected technologies, including the Microsoft .NET Framework, at the Microsoft Professional Developers Conference this week. Oct. 28, 2003 12:00 PM EST Reads: 5,238 Replies: 1 |
By Oracle News Desk (June 19, 2003) - On Wednesday, Oracle increased its cash tender offer to purchase all of the outstanding shares of PeopleSoft, Inc. to $19.50 per share, or approximately $6.3 billion. In response, PeopleSoft requested that its stockholders take no action until its board of directors c... Jan. 1, 2000 12:00 AM EST Reads: 3,652 |
By Oracle News Desk (July 26, 2002) - Microsoft Corp. this week unveiled the Microsoft® .NET Framework Data Provider for Oracle, a new technology that enables enterprise developers to more easily integrate applications built on the Microsoft .NET Framework with Oracle databases. The technology enables use... Jan. 1, 2000 12:00 AM EST Reads: 6,729 |
By Oracle News Desk (February 10, 2003) - New wireless features in Oracle9i Application Server will make it the first and only integrated application server to support XHTML 2.0, the new W3C standard. The wireless features, scheduled to be available in a new Wireless Toolkit on the Oracle Technology Netwo... Jan. 1, 2000 12:00 AM EST Reads: 4,887 |
By Oracle News Desk (January 21, 2003) - Oracle Corp. 's new portal enhancements for Oracle9i Application Server are designed to capture and integrate data from multiple data sources including Web services, spreadsheets, and Web sites. These features, OmniPortlet and Web Clipping, shift the customization ... Jan. 1, 2000 12:00 AM EST Reads: 4,490 |
By Oracle News Desk (June 16, 2003) - Corporate portal developers and independent software vendors can test the interoperability of their Web-based content and applications on a hosted portal environment with the new Oracle Portal Verification Service. Powered by Oracle9i Application Server, it supports t... Jan. 1, 2000 12:00 AM EST Reads: 4,751 |
Oracle News Desk trawls the world's news information sources and brings you timely updates on Oracle and its ever-expanding enterprise software portfolio, including its entire range of tools for managing business data, supporting business operations, and facilitating collaboration and application development.
