Oracle Finally Strikes a Deal

Eighteen months later and $2.50 higher than their final offer, Oracle announced today that they have signed a definitive merger agreement to acquire PeopleSoft, Inc. The cost was $26.50 a share which is said to be $2.50 higher than the final offer they made in early November. This gives an overall value of $10.3 billion for the acquisition.

For more on this acquisition see Oracle to Buy PeopleSoft for $10.3B at

# # #

About the Author

Bradley L. Jones


  • There are no comments yet. Be the first to comment!

Leave a Comment
  • Your email address will not be published. All fields are required.

Top White Papers and Webcasts

  • Today's enterprise datacenter can be one of the most complex business environments with dozens (for smaller business), hundreds (for larger and midsize business), even thousands (for hyperscale businesses) of servers that must be managed and monitored. At this level, just managing the cords can be challenging — let alone keeping up with the growing need for more agility and scalability within the datacenter. Simply put, companies are aggressively looking for less complexity and more agility from their …

  • Essential Insights for Successful Cloud Migration and Management Whether you're planning your cloud migration strategy or already in the cloud, making accurate cloud decisions requires a deep analytical approach. This paper discusses the main objectives to achieve, top questions to ask, and the analytics you need at each stage of your cloud journey. You'll learn: How to identify which cloud provider will provide the best cost and performance benefits for your organization How to determine which applications …

Most Popular Programming Stories

More for Developers

RSS Feeds

Thanks for your registration, follow us on our social networks to keep up-to-date