PeopleSoft gets closer to IBM
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As the threat of a hostile takeover by Oracle rumbles on, PeopleSoft has announced a $1bn partnership with IBM. Speaking at PeopleSoft&#39;s user conference in San Francisco yesterday, the company&#39;s chief executive
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In a move likely to obstruct Oracle?s hostile take-over bid, PeopleSoft last week announced it will adopt IBM?s WebSphere as its preferred middleware platform.
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Oracle is one step closer to taking over rival PeopleSoft now that a federal judge has ruled against the federal government&#39;s effort to thwart the $7.
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SAN FRANCISCO -- Ending 18 months of hostility, Oracle Corp. has raised its takeover bid for rival PeopleSoft Inc. by 10 per cent to seal a $10.3-billion US deal that will create the world&#39;s second-largest maker of business applications software.
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Big Blue --a white knight? It&#39;s easy to see how industry watchers got carried away with speculation that IBM (IBM ) might be riding to rescue of beleaguered PeopleSoft (PSFT ). On Sept.
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I admire PeopleSoft&#39;s (Nasdaq: PSFT) fight. Tuesday, the business software maker announced a broad partnership with IBM (NYSE: IBM) in which Big Blue&#39;s popular WebSphere middleware
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Analysts don&#39;t expt IBM to emerge as a white knight to save PeopleSoft. &quot;While we do not believe that the partnership signals any direct intervention by IBM in the Oracle takeover bid, we are concerned
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Shares of PeopleSoft Inc.  traded near a one-year high on Thursday after analysts raised their earnings outlooks for the business software maker, which continues to fight a &#36;9.2 billion hostile takeover bid by Oracle Corp. .
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Â Oracle Corp.'s hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion is set to continue for a bit longer.
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Business software maker PeopleSoft Inc. strengthened its ties with technology giant IBM Corp. on Tuesday, hoping to boost its recently sagging sales as it continues to fight Oracle Corp.'s &#36;7.7 billion hostile takeover bid.
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SEPTEMBER 22, 2004 (IDG NEWS SERVICE) - PeopleSoft Inc. is deepening its ties with IBM, announcing yesterday a sales and development partnership it called the most significant enterprise applications alliance in the companies&#39; history.
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SAN FRANCISCOâPeopleSoft Inc. on Tuesday announced an expanded relationship with IBM that will effectively add a middleware infrastructure layer to PeopleSoft&#39;s applications.
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Rebounding from sales shortfalls last quarter, business applications vendors PeopleSoft Inc. and Siebel Systems Inc. each released preliminary third-quarter results on Monday showing higher revenue than they had previously forecast.
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By Spencer Swartz SAN FRANCISCO  - PeopleSoft Inc. will push ahead with a new marketing alliance with IBM and other initiatives despite a recent court ruling that bolstered Oracle Corp.'s $7.7-billion hostile bid to acquire the company, PeopleSoft's CEO said on Tuesday.
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PeopleSoft Inc. and IBM announced recently that they will establish the most significant enterprise applications alliance in the history of the two companies.
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PEOPLESOFT has strengthened its ties with technology giant IBM hoping to boost its recently sagging sales as it continues to fight Oracle&#39;s $US7.
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PeopleSoft Inc. PSFT.O on Monday  forecast third-quarter revenue would exceed Wall Street  expectations, helped by an increase in customers making larger  orders for its business software.