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.
As Oracle presses on with its hostile bid for PeopleSoft, only a "few" shares have been tendered at this point, top Oracle executive Chuck Phillips said Friday.
Oracle is sketching a broad outline of its US$10 billion PeopleSoft merger plans, but it's keeping major details, such as how many workers it plans to lay off, under wraps.
Oracle has raised its takeover bid for PeopleSoft to US$19.50 per share, valuing the software company at US$6.3 billion, in the latest twist in the highly charged software industry saga.
Oracle's biggest obstacle to acquiring rival PeopleSoft may be thousands of customers who fear their multimillion-dollar software investments are in jeopardy.
Co-president Charles Phillips says his former brethren are doing a poor job of grading the company's performance.
Thousands of customers attending what could be PeopleSoft's last independent annual conference want to know: Will Oracle prevail?
Conroy ducks, Ballmer evades and Android Fails -- Club Builder
Club Builder this week takes a long look at Senator Conroy's recent attempt to explain his Great Firewall of A… Watch it now
Is green IT a marketing fad?
Gutless studios have the wrong target
NBN needs workers on board
'At The Whiteboard' Video Series
Click here to learn more about Microsoft Windows Server 2008 and Hyper-V technology.
Click here for more.
CXO's Unplugged - Real Business Insight
Phil Dobbie interviews business leaders to reveal their thoughts on various management challenges.
Click here to see the latest video.
Printer Superguide
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
Click here for more.