Oracle late Friday said it has lowered its bid to acquire PeopleSoft to US$21 a share, saying the reduced bid "reflects changes in market conditions."
BEA Systems is expected to let Oracle's US$6.7 billion buyout offer expire, as the two rivals dig their heels in deeper.
PeopleSoft board members today rejected Oracle's "best and final" offer in the often contentious 17-month hostile takeover battle. But the database software giant says it will still appeal to shareholders.
PeopleSoft's financial condition may have deteriorated by as much as one-third since the start of the year, a top Oracle executive said Monday during courtroom testimony.
Oracle and its director nominees for PeopleSoft's board have met with an influential shareholder group, in an effort to persuade it to recommend the opposition slate to institutional investors.
Salesforce.com CRM continues to attract converts, but has the competition caught up?
One year on, the postmerger company is hanging on to most PeopleSoft customers, but some big tests still lie ahead. We look at what has passed and what is yet to come.
Consolidation of Oracle's business applications into a single code base has passed the halfway mark, but the company's customers won't be forced into an upgrade before they're ready, Oracle executives promised an attentive crowd of more than 400 primarily JD Edwards users at this week's Quest '06 conference in Melbourne.
Despite claims during the PeopleSoft-Oracle merger trial, Microsoft tries to get PeopleSoft clients to migrate to its software.
A single phone call on Friday evening brought the long-running Oracle-PeopleSoft fight to a close, Oracle President Chuck Phillips revealed.
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.
It's a new year, and that can only mean a lot of new goodies hitting the stores. Check out this week's Australian product releases.
This week there's a lot of goodies for the systems administrator of an enterprise, perhaps looking to make life a bit easier or more secure. Check out this week's new product releases.
In this review, we take a look at BizTalk Server 2006 and how well it fits as an EAI (Enterprise Application Integration) and workflow tool for the enterprise.
We pit veteran on-demand player RightNow Technologies versus Microsoft's latest CRM offering.
We examine tools that can drill down through your applications to pinpoint exactly where loading causes trouble.
Visa CIO touts new transaction technologies
Michael Dreyer, CIO of Visa, expresses what innovation means to him in different areas, such as their PayWave … Watch it now
Australian Govt funds IT start-ups
Google should come clean on datacentres
US shows what OPEL could have been
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Superguide: Printers -- all you need to know
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
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Storage and server superguide
Over the last decade the art of maintaining the datacentre of a large organisation has evolved into an art form.
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