Oracle has offered to purchase rival BEA Systems for US$17 per share, a total of about US$6.66 billion in cash -- but BEA rejected the offer as too low.
Oracle has warned BEA Systems that its US$6.7 billion buyout offer will expire on Sunday, unless the middleware company agrees to put its offer before shareholders for a vote.
Last month, the 32-year-old celebrity co-founders of Google each sold more than US$160 million worth of their company's stock.
J.D. Edwards' Australian and New Zealand managing director, Ian Hodge, has welcomed the company's pending acquisition by PeopleSoft as "overwhelmingly positive," but conceded the move brings with it a "bit of uncertainty" for the company's 200-strong staff in the region.
Microsoft comeback, wearable computers and a tech stock rebound- Peter Berst shares his predictions for the top three trends for 2001.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
Co-president Charles Phillips says his former brethren are doing a poor job of grading the company's performance.
In the midst of a hostile takeover battle for PeopleSoft, database giant Oracle already eyeing Siebel Systems.
Shai Agassi has a technical mind, as one would expect of the president of product and technology for the world's largest enterprise software applications vendor, SAP.
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.
Databases are by no means an easy product category to understand. Many of the big players now offer free or "light" versions of their databases, but comparing them all is no easy task -- as we found out.
Symantec Backup Exec 12 allows complete system recovery and concentrates on continuous file/data protection. Though AU$1,795 may seem a lot of money for an application, Backup Exec might be worth the investment if you're using it for irreplaceable and highly valuable data.
Advantage Plex is a development tool for Windows, J2EE and iSeries 400 environments.
The chipmaker adds a new chip for 2004 and moves up the launch date of an Itanium with two processors.
Despite the endless pressure to install the latest and greatest, many of the core technologies which are in use in the modern enterprise have been around for decades, if not centuries.
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