Archive for the 'PeopleSoft News' Category

Oracle to buy BEA Systems for $8.5 billion in cash.

Oracle plans to acquire BEA Systems a middleware developer for $8.5 billion in a cash deal, the company announced Wednesday.
Under this deal, which is expected to close by the middle of the year 2008, Oracle agreed to pay nearly $19.38 per share. That purchase price is above Oracle’s initial offer of $17 a share, which BEA had rejected [...]

January 19th, 2008 | Posted in PeopleSoft News | No Comments

Oracle extends Cases Against SAP

Oracle has just filed new charges against rival ERP leader SAP in the corporate espionage case between the rival enterprise software vendors
Oracle intially sued SAP in March 2007, caliming that TomorrowNow (SAP’s subsidary) had infringed on Oracle copyrights by downloading support material from PeopleSoft customer connection, which is only intended for their customers.
The charges to [...]

June 5th, 2007 | Posted in PeopleSoft News | No Comments