Oracle + Siebel = CRM Consolidation

September 13, 2005

The $5.85 billion acquisition bid of CRM (define) giant Siebel Systems (Quote, Chart) by database big shot Oracle is a reunion of sorts for its two famous founders, Tom Siebel and Larry Ellison.

It remains to be seen whether the two billionaires will be able to maintain a leadership role, and its customers, in the enterprise application arena if and when the deal closes next year.

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