Oracle postponed a hearing on its lawsuit against PeopleSoft, the company said Tuesday, a day after federal antitrust regulators requested additional information to review the database maker's hostile takeover bid for its competitor.
J.D. Edwards said Thursday that it has filed a US$1.7 billion suit against Oracle, claiming the database maker has illegally interfered in its proposed merger with PeopleSoft.
Customers of J.D. Edwards are overwhelmingly opposed to Oracle's takeover bid for PeopleSoft, which plans to merge with J.D. Edwards, according to a poll taken by an organisation that represents J.D. Edwards customers.
Oracle announced on Thursday that it has filed a lawsuit against archrival SAP, alleging the software giant hacked into Oracle's customer support center and downloaded copies of its proprietary software code.
CEO Robert Dutkowsky digs his heels in against Oracle and its pre-emptive bid for PeopleSoft.
With so many forces mounting opposition to Oracle's hostile bid to buy PeopleSoft, cooler heads might suggest it's time to call it quits. But Oracle CEO Larry Ellison has never been one to follow conventional wisdom. Additional reading: Protect your software assets
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