Usually I don’t post stuff that’s off topic but this calls for it. For those of you that don’t know, Oracle is merging with PeopleSoft and there are going to be massive layoffs on Friday.
Oracle Gains Control Over PeopleSoft
Oracle announced that PeopleSoft stockholders have tendered approximately 75 percent of PeopleSoft outstanding stock, giving Oracle control of the company.
Oracle Development: JDeveloper 10G Java, J2EE, EJB, MVC, XML
In 2004 Oracle made its new step toward J2EE application development simplification, releasing the new RAD Oracle JDeveloper 10G.
Reaction To The PeopleSoft/Oracle Merger
When Internet-based companies, especially ones the size of Oracle and PeopleSoft, announce fundamental changes, responses are usually swift.
PeopleSoft Agrees To Oracle Merger
Software firm PeopleSoft has agreed to accept Oracle’s proposal to buy the company. The agreement was for $10.3 billion or $26.50 a share. The agreed-upon total is an increase of the initial offering which was for $24 a share. The deal is expected to be complete by January 2005.
Oracle’s New Real Time Content Management
Oracle’s Collaboration Suite 10g has new real-time collaboration tools and enterprise content management capabilities.
Oracle and Novell Expand Partnership
Oracle and Novell have decided to expand their longtime partnership into the Linux arena. They have announced that Oracle’s latest database …
PeopleSoft Rejects Oracle’s Latest Offer
The PeopleSoft Board concluded that PeopleSoft is worth much more than the $24 per share price offered by Oracle. They reiterated that they will not sell the company for less than it is worth.
Oracle Exec Switches Companies
Jonathan Colehower, most recently vice president of supply chain management at Oracle, has been named senior vice president for corporate strategy and marketing at Optiant.
Oracle Simplifies Electronic Message Exchange
To help companies and their suppliers rapidly achieve real-time system integration, Oracle introduced the Oracle Supplier Network.