A PeopleSoft board member testified Monday that former CEO Craig Conway was fired in large part because of his reckless exaggeration to Wall Street analysts when informing them last year that Oracle's offer to buy the company was no longer a disruptive influence.
PeopleSoft boss Craig Conway said Tuesday that Oracle's victory in its antitrust suit does not spell the end of PeopleSoft.
PeopleSoft has cancelled its plans to appear in court Tuesday to seek a temporary restraining order against Oracle and its attempt to take over its business software rival, according to the database giant.
PeopleSoft said Friday that it has filed a suit against Oracle, the latest in a series of moves aimed at thwarting the database giant's unsolicited takeover bid.
After calling a professor of economics as its final witness, Oracle rested its case Thursday, ending testimony in its antitrust battle with the U.S. Justice Department.
Trial pitting Oracle against PeopleSoft turns into mating ritual of sorts, as sides quibble over money.
When all is said and done, CNET News.com's Charles Cooper asks whether the hostile bid to acquire PeopleSoft is smart or just silly.
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.
The US Justice Department charges have been rejected, making way for Oracle's US$7.7 billion PeopleSoft merger. What does the future hold? Additional reading: New twist in software licensing
TomorrowNow, a Texas start-up specialising in software maintenance services for PeopleSoft customers, says its phones have been ringing off the hook ever since a recent court ruling gave Oracle permission to continue its hostile pursuit of PeopleSoft.
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