PeopleSoft boss Craig Conway said Tuesday that Oracle's victory in its antitrust suit does not spell the end of PeopleSoft.
In a letter to shareholders, PeopleSoft chief executive Craig Conway defended his company's rejection of a hostile US$9.4 billion buyout bid from Oracle and asked shareholders to reject Oracle's attempt to gain control of its board.
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.
Oracle may be pressing on with a nearly three-month-old unfriendly quest to buy PeopleSoft, but to PeopleSoft CEO Craig Conway, Oracle's bid is all but dead.
PeopleSoft CEO Craig Conway in a speech on Thursday talked up enterprise software and made only a veiled reference to a rival's hostile bid for his company.
Question: When is a bug not a bug? Answer: Before it's a "known bug".
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
The board is only telling half the story behind the surprise firing of PeopleSoft's CEO.
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 two-year hostile takeover battle between Oracle and PeopleSoft has apparently not left Dave Duffield winded.
As early as spring last year, Oracle considered Lawson Software and J.D. Edwards as acquisition targets, according to a videotaped deposition of Oracle's chief financial officer.
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