Oracle plans to acquire middleware maker BEA Systems for US$8.5 billion in cash, the company announced on Wednesday. The move means Oracle will leapfrog IBM as the number one middleware player.
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.
Oracle surprised PeopleSoft on Friday with a $5.1 billion unsolicited takeover offer. But before this saga reaches its denouement, might a white knight surprise with a counterbid of its own?
Oracle has promised there would no immediate change to Hyperion's product plans following its US$3.3 billion buyout of the business intelligence vendor.
In a long-rumoured move, security software maker Symantec said Thursday that it will buy storage specialist Veritas Software in a deal worth roughly US$13.5 billion.
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.
Siebel chief Mike Lawrie pledges better customer service, spotlights focus on a la carte software.
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