PeopleSoft, IBM tie up, thumb nose at Oracle
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SAN FRANCISCO, SEPTEMBER 22: Peoplesoft Inc will push ahead with a new marketing alliance and other initiatives in the face of a court ruling that raises the chance that Oracle Corpâs $7.
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Oracle Corp.&#39;s epic quest to acquire PeopleSoft Inc. intensified Tuesday when the two warring companies said major institutional investors are taking sides in the battle.
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Oracle may be breathing fire down its neck with an ongoing hostile takeover effort, but PeopleSoft is trying to withstand the siege by striking a deal with IBM. -washingtonpost.com
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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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With Oracle cinching a critical antitrust victory on Thursday, PeopleSoft will find it increasingly difficult to resist its rival&#39;s $7.
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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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Oracle's dangerous liaison with PeopleSoft mixes flirtation with rejection.
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PeopleSoft will bundle its future business applications with IBM&#39;s infrastructure software as part of a billion-dollar technology and marketing agreement between the two companies.
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SEPTEMBER 20, 2004  - At PeopleSoft Inc.&#39;s Connect 2004 conference in San Francisco this week, the software vendor is expected to face questions from users about its ability to fend off Oracle Corp.
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Ending 18 months of bad blood, Oracle raised its takeover bid for bitter rival PeopleSoft by 10 percent to seal a $10.3 billion deal that will create the world&#39;s second largest maker of business applications software.
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Oracle Corp. chief Larry Ellison is girding for a showdown with business applications software leader SAP AG and becoming more friendly with frequent rival IBM Corp. as his software company seeks higher profits from its recently completed takeover of PeopleSoft Inc.
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The year 2004 defied predictions: IBM sold its PC arm to a Chinese competitor, Oracle managed to swallow PeopleSoft, and -- perhaps the most dramatic of all -- Microsoft and Sun Microsystems aligned to make their products interoperate.
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September 23, 2004 - PeopleSoft this week became the latest vendor converted by IBM&#39;s WebSphere gospel. The enterprise software giant announced from its Connect 2004 user conference that it has entered a
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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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A great deal of speculation has surrounded Oracle's (Nasdaq: ORCL) 18-month attempt to acquire PeopleSoft (Nasdaq: PSFT).
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Oracle Corp. said it is at an impasse with PeopleSoft Inc., signaling the two software makers will wage a proxy battle to resolve Oracle&#39;s $8.8 billion takeover bid.
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As Oracle Corp. pushes forward with its hostile bid to acquire rival enterprise software maker PeopleSoft Inc. for $7.7 billion, it is also sizing up further acquisition