The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
Oracle attorneys made a forceful effort to blast holes in the government's case to block its US$7.7 billion bid to buy PeopleSoft in the opening arguments of a federal antitrust trial here on Monday in the US.
SAP, a top Oracle rival, has joined a chorus of critics questioning the U.S. Justice Department's lawsuit to block Oracle's acquisition of PeopleSoft and the agency's decision to discount Microsoft as a major competitive force in the business applications market.
Microsoft worried that if Oracle acquired PeopleSoft, it could lose ground in the database software market, and that fear spurred Microsoft to discuss a merger with SAP last year.
U.S antitrust officials may wait until January to weigh in on Oracle's embattled bid to acquire PeopleSoft, and European regulators are likely to initiate a more in-depth review of the deal, an Oracle executive said Wednesday.
The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
Increasing competitive pressure from SAP and the entry of Microsoft into the business applications market spurred Oracle to launch its hostile bid for PeopleSoft last year, Oracle CEO Larry Ellison testified on Wednesday.
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