Oracle in deadlock despite EC green light
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The European Union has approved Oracle&#39;s takeover of PeopleSoft, marking yet another turn in the bitter 17-month wrangle between the fierce business software rivals.
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The standoff between Oracle and PeopleSoft is once again at an impasse, as PeopleSoft's board refuses to sell the company at the price Oracle has offered, and Oracle refuses to raise its bid.
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the continuing brouhaha between Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT) being a notable exception. South Africa&#39;s Harmony
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SEPTEMBER 06, 2004 (IDG NEWS SERVICE) - Customers will be able to get their hands on the delayed version of Oracle Corp.&#39;s E-Business Suite 11i.
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The battle between Oracle and PeopleSoft is again at an impasse, with the possibility of a proxy fight that could continue into next spring.
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A ruling that allows Oracle to proceed with its bid for PeopleSoft appears to have done nothing to soften PeopleSoft's resolve to remain independent.
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Oracle's attempt to buy rival software producer Peoplesoft hangs in the balance as investors consider its $9.2bn takeover offer ahead of Saturday's deadline.
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The wrangling between PeopleSoftÂ  and OracleÂ has once again gone to the dogs.
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PeopleSoft's board might have finally blinked. The business-software maker, facing a 16-month takeover siege from rival Oracle, has canned the CEO who bitterly opposed the deal and lost crucial regulatory support in its bid to stay independent.
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In a new post to her Oracle blog today, Alison Holloway shares the presentation she gave at this year's Melbourne Opensource Developers' Conference titled "Working with PHP and Oracle".   I don't think the organizers are going to post the presentations, so I wanted to make it available here.   The talk covers things like the free Oracle tools available, the OCI8 extension, connection management, improving performance, and some Oracle resources. You can grab the PDF download here.
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(InfoWorld) - As Oracle executives patted themselves on the back for their company's reporting another strong financial quarter, they also couldn't resist having a go at prime applications rival SAP. "Oracle had another very strong quarter," Safra Catz, co-president and chief financial officer at Oracle, said Tuesday during a conference call with analysts to discuss the vendor's fiscal 2007Â first-quarter results. "We had our strongest first-quarter license growth in more than five years by gaining market share," she added. Charles Phillips, co-president of Oracle, said the company had won 88 deals going head-to-head with SAP during the quarter, including customer wins with Electrolux, Lockheed Martin, and U.S. Steel. Some of the business is what he termed "winbacks" of business Oracle had previously lost to SAP, including a strategic win at Wal-Mart Stores. In recent months, the bitterÂ competitive back-and-forthÂ between Oracle and SAP has reached a crescendo. Oracle jumped on SAP's July announcement ofÂ lower than expected salesÂ and cited it as proof that the applications vendor's growth had stalled. SAP retorted that the results were a slight blip and not indicative of a major issue with its performance, which it believes remains strong. Larry Ellison, Oracle's chief executive officer, cites two factors that he believes are working in Oracle's favor over SAP: its Java-based middleware and its aggressive focus on getting industry-specific expertise and products through acquisitions. Ellison claimed that Oracle's Fusion middleware is "years ahead" of SAP's NetWeaver integration platform. "NetWeaver is still relatively new and still incomplete," he said. Oracle's so-called "hot pluggable" or component-based Fusion middleware strategy is paying off, Phillips said. Typically, the company sells one or two of its middleware components into a customer account with the hope that over time that customer will expand their use of Oracle's middleware. Turning to applications, Ellison criticized SAP's recent decision toÂ retain the current versionÂ of its enterprise resource planning (ERP) software, mySAP ERP 2005, through 2010 and provide new functionality through regularly issued optional enhancement packages. "SAP has delayed the next release of its applications until 2010," he said. "They'll be two full years behind our Fusion release." Oracle is working on a new suite of enterprise applications, known as Project Fusion, which is due out in 2008. By contrast, SAP executives have positioned the company's move to a more modular approach to product upgrades as being driven by customers' demands to pick and choose functionality. This quarter will be the last time Oracle provides separate database and middleware growth figures, Catz said. In the first quarter, database revenue grew 10 percent, while middleware rose 56 percent. In future, Oracle will adopt the practice of IBM and Microsoft and not break out those sales, she said. Looking to the second quarter, Catz expects Oracle's net income to grow by between 13 percent and 17 percent as revenue increases by 22 to 24 percent. She forecast earnings per share (EPS) of $0.22. Those predictions don't take into account any specific charges likely to occur in the quarter.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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PeopleSoft and JD Edwards users gathered at London&#39;s ExCel conference centre last week with the future of their supplier in doubt.
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Oracle said that it was at an impasse with PeopleSoft Inc., signaling that the two software makers will wage a proxy battle.
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Google&#39;s gaffe-prone initial public offering hit another hitch last night, when regulators refused to give it the final green light.
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Database software maker Oracle pushed out a host of long-awaited patches after struggling to organize its software fixes into a monthly release schedule.
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(InfoWorld) - SAP reacted quickly and angrily to statements made by Oracle Chief Executive Officer Larry Ellison during his company's quarterly results meeting Tuesday. Ellison's statementsÂ about SAP's product and acquisition strategy are "a complete misrepresentation," said Bill Wohl, SAP's vice president of product and solutions public relations, in a statement. Oracle's CEO said his company's Fusion middleware is "years ahead" of SAP's rival NetWeaver product, and that "NetWeaver is still relatively new and still incomplete." He also said, "SAP has delayed the next release of its applications until 2010," and "They'll be two full years behind our Fusion release." Wohl said "Oracle's next-generation applications exist only in PowerPoint and won't be delivered until 2008 or beyond." He called Oracle statements about both its own products and SAP's "to be inconsistent and misleading." He said that Oracle made conflicting statements about Fusion's development. "In January, Oracle claimed they were halfway to Fusion and two weeks ago they said they wereÂ not even halfway doneÂ -- Oracle needs to adopt one version of the truth, and be honest with the market on its actual progress."
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A survey of Oracle Users Group attendees finds two-thirds have never applied one of Oracle's quarterly Critical Patch Updates. Oracle, meanwhile, prepares to release its next quarterly CPU on Tuesday.