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.
M2 Telecommunications announced today it will take over People Telecom in a combined stock and cash deal.
Oracle announced Tuesday it completed its US$8.5 billion acquisition of BEA Systems, bringing to a close a contentious buyout effort that began last spring.
Yahoo has yet to get a large investor to step forward and defend the search giant, but on Tuesday, it scored a reconfirmation of an endorsement from Legg Mason, its second-largest shareholder, according to a report in The Wall Street Journal.
After talks broke down on Saturday, Microsoft CEO Steve Ballmer sent this letter to Yahoo chief Jerry Yang, signalling the end of the epic takeover attempt.
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.
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
Ten years ago they were the young turks of Australia's business community; radical free-thinkers on the path to fame and riches. Shortly after, all those dreams came crashing down. But where are Australia's first dotcom moguls today, and what are they up to?
When all is said and done, CNET News.com's Charles Cooper asks whether the hostile bid to acquire PeopleSoft is smart or just silly.
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.
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