U.S antitrust officials may wait until January to weigh in on Oracle's embattled bid to acquire PeopleSoft, and European regulators are likely to initiate a more in-depth review of the deal, an Oracle executive said Wednesday.
The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
European regulators may consider setting the final deadline for their decision on Oracle's hostile takeover bid for PeopleSoft, even though the company has yet to provide all the requested information, said a source familiar with the investigation.
Oracle attorneys displayed internal PeopleSoft documents during testimony Thursday that showed the company was indeed concerned about growing competition in business applications from Microsoft and Lawson Software.
In a government deposition, Oracle President Charles Phillips downplayed the relevance of a report he issued in his previous job as Morgan Stanley analyst, in which he declared that SAP, Oracle and PeopleSoft comprised an oligopoly for back-office business applications.
The IT industry's best kept secret is out -- SAP is still up for grabs despite spurning its first suitor, Microsoft.
The rivalry is nothing new, but Ellison's acquisition strategy is infusing it with new vigour -- and may redefine an industry.
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.
History of British PCs
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