European Commission officials gave their blessing on Thursday to Oracle's US$5.8 billion merger with Siebel Systems, removing the last major antitrust hurdle for the enterprise software companies.
Oracle's megamerger with Siebel Systems received mixed reviews on Monday from analysts, customers and partners, but there were few concerns about the companies' ability to integrate.
Antitrust regulators on Monday in the United States extended the deadline for reviewing the Oracle and Siebel Systems merger, as Department of Justice requested additional information in connection with the deal.
Software maker Oracle said on Monday it will acquire rival Siebel Systems in a deal worth US$5.8 billion, marking the second major competitor the company has targeted since mid-2004.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
In the midst of a hostile takeover battle for PeopleSoft, database giant Oracle already eyeing Siebel Systems.
Software maker Oracle said on Monday it will acquire rival Siebel Systems in a deal worth US$5.8 billion, marking the second major competitor the company has targeted since mid-2004.
Australian customers were today digesting the implications of last night's widely-predicted AU$7.6 billion acquisition of customer relationship management vendor Siebel Systems by Oracle.
Oracle will acquire Siebel Systems for US$5.8 billion. The long-predicted buyout will have interesting ramifications on the Australian market.
The Australian Taxation Office has ruled out any short-term changes to its deployment of a Siebel platform following news this week Oracle was moving to acquire the customer relationship management vendor in a deal worth AU$7.6 billion.
Compaq's new iPAQ Pocket PCs and supporting peripherals made their Australian debut at a company roadshow in Melbourne last night.
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