Database Journal
MS SQL Oracle DB2 Access MySQL PostgreSQL Sybase PHP SQL Etc SQL Scripts & Samples Links Database Forum

» Database Journal Home
» Database Articles
» Database Tutorials
MS SQL
Oracle
DB2
MS Access
MySQL
» RESOURCES
Database Tools
SQL Scripts & Samples
Links
» Database Forum
» Sitemap
Free Newsletters:
DatabaseDaily  
News Via RSS Feed


follow us on Twitter
Database Journal |DBA Support |SQLCourse |SQLCourse2
 

Featured Database Articles

Database News

Posted Dec 13, 2004

Oracle Buys PeopleSoft

By DatabaseJournal.com Staff

[From Oracle Corp.]

REDWOOD SHORES, Calif., 13-DEC-2004 Oracle Corporation today announced that it has signed a definitive merger agreement to acquire PeopleSoft, Inc., for $26.50 per share (approximately $10.3 billion). The transaction has been approved by the boards of directors of both companies and should close by early January.

"Today we announced both a great quarter and the agreement to acquire PeopleSoft. This merger gives Oracle even more scale and momentum," said Oracle Chief Executive Officer Larry Ellison. "The real highlight of our most recent quarter was the 57 percent growth in our applications business, and this merger is going to make that applications business bigger and stronger.

The article continues at http://www.oracle.com/corporate/press/2004_dec/acquisition.html



Database News Archives

Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 




Latest Forum Threads
Database News Forum
Topic By Replies Updated
Efficient SQL Server Indexing by Design lcole 0 April 30th, 12:38 PM
Mine Oracle Database, SQL Server and Other Databases with Monarch Data Pump Pro V10.5 lcole 0 April 30th, 12:37 PM
Oracle Database and Oracle Fusion Middleware for Private Social Network Application lcole 0 April 30th, 12:31 PM
Oracle Database Maintains a Stronghold in the DBMS Market lcole 0 April 30th, 12:30 PM


















Thanks for your registration, follow us on our social networks to keep up-to-date