Oracle executives took the stage to rally support for the company's development plans after a recent acquisition tear that has left Wall Street lukewarm on the firm.
Oracle may be celebrating its long-awaited union with PeopleSoft, but a day after the landmark deal not everyone is happy.
Oracle Chairman Larry Ellison is demanding that the company adopt new ways of doing business on the Internet and overtake Microsoft as the No. 1 software company in the world. And he's doing more than just talking.
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.
Software maker PeopleSoft on Thursday formally rejected Oracle's $5.1 billion hostile takeover bid, saying the deal raises significant antitrust issues and "dramatically undervalues" the company.
The rivalry is nothing new, but Ellison's acquisition strategy is infusing it with new vigour -- and may redefine an industry.
Project Fusion will provide a common basis for all Oracle applications and compete head-to-head with the German rival's NetWeaver middleware.
Oracle may be celebrating its long-awaited union with PeopleSoft, but customers, employees and competitors have reason to worry.
After its top-secret merger talks with SAP were revealed, Microsoft's motivation for the deal was quickly identified: its interest in the German company was sparked by growth limits in the business software market.
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