Oracle makes $5 billion PeopleSoft bid
The database giant launches a hostile takeover of rival software maker PeopleSoft, which denounces the bid as "atrociously bad behavior."
update The database giant announces a surprise $5.1 billion takeover bid for the enterprise-software maker, just days after PeopleSoft said it was acquiring rival J.D. Edwards for $1.7 billion.
June 6, 2003
Now that PeopleSoft has been put into play, the rumor mill is in overdrive--with IBM, SAP and Microsoft all mentioned as possible bidders.
June 6, 2003
IT executives using PeopleSoft products try to make sense of the proposed buyout. A big worry: What will happen to customer support?
June 6, 2003
news.commentary PeopleSoft's shareholders over the next few weeks will decide the fate of Oracle's hostile takeover effort. What's clear is that if the bid succeeds, customers will lose.
June 9, 2003
PeopleSoft's decision to swallow J.D. Edwards earlier this week led Oracle to launch its hostile takeover of the software maker, many analysts say. But why?
June 6, 2003
Oracle's bid may have prompted one reaction that CEO Larry Ellison wasn't counting on: PeopleSoft's stock shot up more than 20 percent.
June 6, 2003
previous coverage
update The $1.7 billion marriage would help PeopleSoft expand its business presence in manufacturing, distribution and asset-intensive industries.
June 2, 2003