News (29)

  • Oracle: Our $6.7bn BEA offer was too high

    If Oracle renews its bid for rival BEA Systems, it would come in at a price below its initial offer of US$17 a share, the company told analysts Wednesday.

  • Oracle to acquire BEA Systems for $8.5 billion

    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.

  • Oracle to bid on SAP buyout target

    Oracle is muscling in on SAP's bid to buy software maker Retek, saying it plans to best its rival's US$8.50 per share offer with a US$9 bid on Wednesday in the US.

  • Oracle sets Sunday deadline for BEA offer

    Oracle has warned BEA Systems that its US$6.7 billion buyout offer will expire on Sunday, unless the middleware company agrees to put its offer before shareholders for a vote.

  • PeopleSoft guarantees refunds in Oracle war

    PeopleSoft is offering customers money-back guarantees to prevent them from fleeing to rivals in fear of a hostile takeover by Oracle.

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