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.
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 is sketching a broad outline of its US$10 billion PeopleSoft merger plans, but it's keeping major details, such as how many workers it plans to lay off, under wraps.
I don't know whether Larry Ellison's completely lost it or if he's so darned smart that the rest of us are simply dolts by comparison.
Oracle may be celebrating its long-awaited union with PeopleSoft, but a day after the landmark deal not everyone is happy.
Project Fusion will provide a common basis for all Oracle applications and compete head-to-head with the German rival's NetWeaver middleware.
Co-president Charles Phillips says his former brethren are doing a poor job of grading the company's performance.
With so many forces mounting opposition to Oracle's hostile bid to buy PeopleSoft, cooler heads might suggest it's time to call it quits. But Oracle CEO Larry Ellison has never been one to follow conventional wisdom. Additional reading: Protect your software assets
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