Oracle in Court Over PeopleSoft Defense
550091
Oracle Corp. goes to trial Monday on its legal bid to dismantle the dwindling takeover defenses of PeopleSoft Inc., the rival it has been attempting to acquire for 15 months.
202859
Oracle Corp. on Monday again asked PeopleSoft Inc.'s board of directors to rescind an anti-takeover provision, as the two business software makers prepared to return to court this week to address one of the final barriers to the &#36;9.2-billion takeover bid.
415192
WILMINGTON, Del.  - PeopleSoft Inc.'s PSFT.O  chief financial officer on Wednesday said the company's  controversial customer assurance program, now being challenged  in court, might not force liabilities on Oracle Corp. ORCL.O  if its $7.7 billion takeover bid succeeds.
15816
NEW YORK, November 24  - Oracle Corporation (ORCL.NAS) is seeking a court order to remove PeopleSoft&#39;s (PSFT) anti-takeover defenses, after 61% of PeopleSoft&#39;s shareholders tendered their shares last week in support of Oracle&#39;s takeover
256296
Software maker PeopleSoft is girding itself for a proxy battle as part of its 17-month takeover battle with Oracle, indicating it fears its shareholders are tempted to sell to its rival.
575071
At the same time, Oracle&#39;s in court trying to strip PeopleSoft of its poison-pill provisions. By Antone Gonsalves, TechWeb News.
603866
(InfoWorld) - Oracle Corp. has added new claims to its ongoing lawsuit against software rival SAP AG. Oracle added copyright and breach-of-contract claims to its list of allegations against the German software vendor in an amended complaint filed Friday in the U.S. District Court in San Francisco. "This case is about corporate theft on a grand scale," Oracle's filings state. Oracle now alleges that SAP violated its copyright by illegally downloading software and support documents. The breach of contract claim alleges that SAP violated the terms of use of Oracle's Customer Connection support site. The amended complaint had been expected by May 18, but that deadline was pushed back. It is the latest in a series of legal maneuvers between the two companies, in their ongoing fight for dominance in the enterprise software market. SAP plans to respond to Oracle's complaint by July 2, the company said in a statement, released Friday. "At that time, SAP will set the record straight regarding Oracle's allegations. SAP is eager to vigorously defend this case," SAP said. The suit alleges that staff at SAP's TomorrowNow subsidiary pretended to be Oracle customers in order to gain access to the PeopleSoft and JD Edwards customer support Web site. The lawsuit charges SAP, TomorrowNow, and 50 unnamed individuals with violating fraud laws and engaging in unfair competition and civil conspiracy. The lawsuit came out of the blue two days after Oracle had announced strong third-quarter financial results and claimed its business applications revenue was growing much faster than that of rival and market-share leader SAP. The two companies have long been bitter competitors although they also have customers in common, for instance those running SAP applications on Oracle's databases or middleware. Oracle said it had discovered the illegal access to Customer Connection after noting periods of unusually heavy download activity from the site in late November and December 2006. The vendor claims to have found more than 10,000 unauthorized downloads of its software and support materials, which it then traced to an IP (Internet Protocol) address in Bryan, Texas, an SAP America branch office location and the headquarters of TomorrowNow. Oracle listed customers whose identities TomorrowNow had allegedly purloined, including Honeywell International, Merck & Co. Inc. and OCE-Technologies BV. Since filing the original lawsuit, Oracle has not spoken publicly about the legal action. SAP's response has been to decline comment on the lawsuit other than to commit to aggressively defend itself and TomorrowNow against Oracle's claims. As SAP released its first-quarter fiscal results on April 20, the company's CEO Henning Kagermann was in defiant mood about the Oracle lawsuit. "We have no intention to settle; why should we?" he said. "We don't think anything is wrong in our company." Kagermann added that SAP planned to formally respond to Oracle's suit within "the next weeks." The lawsuit raises a number of issues about the viability of the third-party software maintenance market and common practices within that sector, such as how feasible it is for competitors to provide support for their rivals' offerings. Oracle is also a player in the market, providing support for SAP's older R/3 applications through a partnership with Systime Computers since May 2006. Some observers suggest that if TomorrowNow staff did download the content from Oracle's site, the issue might have had more to do with a lack of a clear policy from Oracle about which content customers and support specialists were entitled to access and what information was out of bounds. Â
679327
WILMINGTON, Del.  - The trial pitting software  giant Oracle Corp. against unwilling takeover target PeopleSoft  Inc. drew near a close on Friday as the last witness in the  case, a PeopleSoft board member, took the stand.
612204
LOS ANGELES (CBS.MW) -- Oracle Corp.&#39;s hostile $9.2 billion offer to acquire PeopleSoft Inc. moves to a Delaware courtroom on Wednesday.
401530
Disgruntled shareholders file suit to force talks with Oracle while PeopleSoft's two largest shareholders agree to disagree.
114231
The Department of Justice took Oracle to court in May, claiming that its acquisition of PeopleSoft would create a duopoly between it and market leader SAP in the enterprise applications market.
193529
Fresh off his abrupt firing as PeopleSoft Inc.'s chief executive, an uncharacteristically subdued Craig Conway went to court yesterday to defend his caustic attacks against Oracle Corp.'s $7.7 billion takeover bid.
364993
An attorney for Oracle Corp. says the company will abandon its legal challenge to PeopleSoft Inc.'s antitakeover protections if shareholders fail to tender a majority of their shares by a Nov. 19 deadline.
45454
Peoplesoft forecasts stronger-than-expected sales as it prepares to fight a takeover bid from Oracle in court.
324999
Vox populi: Oracle (nasdaq: ORCL - news - people ) attorney Michael Carroll says the firm will abandon its legal assault on PeopleSoft&#39;s (nasdaq: PSFT - news - people ) &quot;poison pill&quot; defenses--if investors fail to tender at least 50% of their shares by Nov
215908
Redwood Shores-based software giant Oracle Corp. said in court that PeopleSoft Inc. CEO Craig Conway lied about the effects of Oracle&#39;s $7.
576391
Oracle extended its $7.7 billion tender offer for all outstanding shares of PeopleSoft yet again on Thursday, as it waits for US District Court Judge Vaughn Walker to issue a decision in an antitrust lawsuit that aims to permanently block the buyout.