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Related Links: Oracle Wins Oracle's Numbers Explain Why It Wants PeopleSoft P'Soft to Oracle: What Is It about 'NO!' You Don't Understand? Oracle Eyes Other Acquisitions - Including BEA? Ellison: Acquisition Strategy "Only Way to Survive" "This decision puts the onus squarely on the board of PeopleSoft to meet with us," said Oracle chairman Jeff Henley triumphantly. He made this statement in response to the release of a 164-page decision by U.S. District Judge Vaughn Walker, in which Walker gave his verdict on the antitrust lawsuit filed seven months ago by the US Justice Department and 10 states seeking to block Oracle's would-be "hostile takeover" of rival PeopleSoft. There aren't sufficient grounds to block it, Walker has decided. It will now be incumbent on the PeopleSoft board to meet with Oracle and discuss the acceptance by its shareholders of Oracle's offer, Hen... (more)

Will Oracle Buy JBoss?

During the recent Sun / Oracle Town Hall Meeting, which was broadcast live by SYS-CON.TV from the Auditorium at Oracle Headquarters, Scott McNealy's first question to Larry Ellison was: "So Larry, everybody here wants to know, right up front so we can take this off the table, get the big announcement out of the way, are you buying Sun?" Ellison's answer to this opening question was, "Well, you know Scott, as you will see in the newspapers, it turns out Oracle's strong preference is to do everything hostilely." The audience responded to both McNealy's question and Ellison's answe... (more)

Oracle's PeopleSoft Takeover Bid Can Go Ahead, Judge Rules

Related Links: Oracle Wins A Pox on Oracle and PeopleSoft, Say Two Schools Behind "Kuali" PeopleSoft Quarter Sucks Ellison: Acquisition Strategy "Only Way to Survive" Oracle chairman Jeff Henley is triumphant: "This decision puts the onus squarely on the board of PeopleSoft to meet with us," he declared. Henley made this statement in response to the release of a 164-page decision by U.S. District Judge Vaughn Walker, in which Walker gave his verdict on the antitrust lawsuit filed seven months ago by the US Justice Department and 10 states seeking to block Oracle's would-be "hostile... (more)

ORACLE BEA - Oracle Pounces!

(October 12, 2007) - "Oracle is prepared to proceed immediately," says the official letter delivered today to the Board of Directors of BEA by Oracle, which is proposing to acquire BEA for $17.00 per share in cash - a 25% premium over yesterday's closing price of $13.62. "We have made a serious proposal including a substantial premium for BEA," said Oracle President Charles Phillips. "We believe our all cash offer provides the best value for BEA's shareholders and the best home for BEA's employees and customers," Phillips continued. "This proposal is the culmination of repeated c... (more)

ORACLE BEA - Round-Up of Early Responses

(October 12, 2007) - Dana Gardner says: 'Someone had to pull the trigger, and few companies could better leverage and extend the value of BEA than...Oracle.' Jeff Schneider says: 'It is interesting to look at the list of companies that [still] didn't get acquired...The odd balls include: Sybase, Tibco, Cognos, Adobe, Citrix, BMC, Red Hat and Computer Associates. In my opinion, these companies need to find a home - and soon.' The industry is responding fast and furiously to the news that Oracle has pounced on BEA, which is hopes to acquire for just $6.6BN after eyeing it up ever s... (more)