U.S. Department of Justice officials announced on Thursday that they will challenge Oracle's hostile US$9.4 billion takeover bid for PeopleSoft, dealing a major blow to the controversial deal.
Oracle attorneys made a forceful effort to blast holes in the government's case to block its US$7.7 billion bid to buy PeopleSoft in the opening arguments of a federal antitrust trial here on Monday in the US.
Oracle and federal antitrust regulators are grappling with a key definition that would influence the direction of the government's review of Oracle's bid to merge with rival PeopleSoft.
SAP, a top Oracle rival, has joined a chorus of critics questioning the U.S. Justice Department's lawsuit to block Oracle's acquisition of PeopleSoft and the agency's decision to discount Microsoft as a major competitive force in the business applications market.
Oracle remains committed to acquiring PeopleSoft despite a number of obstacles and a protracted regulatory review of the proposed merger, Oracle executives said Monday.
With every potential information technology purchase now under intense scrutiny, a few software vendors are working to help CIOs look before they leap into big expenses.
The software maker files plans to take over rival J.D. Edwards with the Justice Department and the Federal Trade Commission, despite being the target of an Oracle buyout bid.
After years in the wilderness, the Australian IT industry is again booming as major industries invest heavily in their IT infrastructure. Find out which skills are most in demand and how much remuneration to expect.
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
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?
ZDNet Australia shows you how to save money and keep staff happy with thin clients.
How long will it be before your computer is able to read your facial expressions? Will a rude gesture become the next Control-Alt-Delete? ZDNet Australia investigates computing interfaces.
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