Oracle's megamerger with Siebel Systems received mixed reviews on Monday from analysts, customers and partners, but there were few concerns about the companies' ability to integrate.
Larry Ellison said engineering rather than deal-making will be Oracle's top priority over the next two years as the company prepares for an increasingly competitive business applications market.
Oracle outlined its integration plans for Siebel Systems on Thursday, with 2,000 job cuts among the most notable tasks at hand.
Billions of dollars worth of acquisitions have bought Oracle a perhaps unexpected bonus: security lessons.
Few people in the high-tech industry have feuded as openly as Oracle's flamboyant CEO Lawrence Ellison and Thomas Siebel, the co-founder and chairman of rival enterprise software maker Siebel Systems.
Fuelled by Oracle's acquisition of Siebel Systems, Silicon Valley once again asks itself if megamergers are good for the industry.
Few people in the high-tech industry have feuded as openly as Oracle's flamboyant CEO Lawrence Ellison and Thomas Siebel, the co-founder and chairman of rival enterprise software maker Siebel Systems.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
Software maker Oracle said on Monday it will acquire rival Siebel Systems in a deal worth US$5.8 billion, marking the second major competitor the company has targeted since mid-2004.
In the midst of a hostile takeover battle for PeopleSoft, database giant Oracle already eyeing Siebel Systems.
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