Oracle buys PeopleSoft for $10.3B
Agence France-Presse
WASHINGTON, District of Columbia, United States of America -- (UPDATE) Software giant Oracle has sealed a deal to buy rival PeopleSoft for 10.3 billion dollars, Oracle said early Monday after a bitter 18-month battle.
The deal calling for Oracle to acquire PeopleSoft for 26.50 dollars per share ends one of the bitterest takeover fights in the history of Silicon Valley and gives a big victory for Oracle founder Larry Ellison, one of the world's richest men.
FULL STORY: http://news.inq7.net/infotech/index.php?index=1&story_id=21128
WASHINGTON, District of Columbia, United States of America -- (UPDATE) Software giant Oracle has sealed a deal to buy rival PeopleSoft for 10.3 billion dollars, Oracle said early Monday after a bitter 18-month battle.
The deal calling for Oracle to acquire PeopleSoft for 26.50 dollars per share ends one of the bitterest takeover fights in the history of Silicon Valley and gives a big victory for Oracle founder Larry Ellison, one of the world's richest men.
FULL STORY: http://news.inq7.net/infotech/index.php?index=1&story_id=21128
posted by angelo @ 6:30 AM
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