News (8)

  • Ellison: Oracle not reaching for Sun

    CEO Larry Ellison and other executives sounded off at Oracle's annual shareholder meeting on Monday, delving into topics such as shareholder dividends, political campaign contributions and--with the PeopleSoft bid a recurring topic--the company's acquisition strategy.

  • Monday deadline for Oracle bid

    Oracle expects to receive word by Monday in the U.S. whether federal antitrust regulators will let its hostile bid for PeopleSoft jump over regulatory hurdles.

  • Oracle to cut 5,000 jobs in PeopleSoft merger

    Oracle dropped the axe Friday in the US, announcing plans to lay off 5,000 workers in its effort to squeeze costs out of its US$10.3 billion software merger with PeopleSoft.

  • Justice Department staff oppose Oracle bid

    Antitrust division lawyers at the U.S. Justice Department are recommending that the department file suit to block Oracle's acquisition of PeopleSoft, indicating that Oracle may face a serious setback in its embattled bid for its rival.

  • Oracle: DoJ decision by early March

    Oracle expects to receive final word by early March on whether the U.S. Department of Justice will challenge its hostile bid for PeopleSoft, according to a recent California court filing.

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Features and Case Studies (2)

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