German software giant SAP today said it would shut down its TomorrowNow subsidiary, following damaging legal action with arch-rival Oracle.
Oracle may be celebrating its long-awaited union with PeopleSoft, but a day after the landmark deal not everyone is happy.
PeopleSoft Chief Executive Craig Conway on Monday continued the war of words in his company's battle to fend off a hostile bid from rival Oracle.
A senior Oracle executive delivered a verbal attack last week at archrival SAP's Netweaver middleware platform, flaying the software's support for open standards.
Oracle co-President Charles Phillips on Monday outlined a case for challenging the U.S. Justice Department's lawsuit blocking his company's hostile US$9.4 billion bid to buy PeopleSoft.
Project Fusion will provide a common basis for all Oracle applications and compete head-to-head with the German rival's NetWeaver middleware.
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.
Oracle may be celebrating its long-awaited union with PeopleSoft, but customers, employees and competitors have reason to worry.
The rivalry is nothing new, but Ellison's acquisition strategy is infusing it with new vigour -- and may redefine an industry.
SAP may not be a household name, but it's the third largest independent software company, and has a powerful franchise. But in recent times, a confluence of economic trends threaten its enviable position.
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