Building the Right Environment to Support AI, Machine Learning and Deep Learning
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 InternetNews.com.
# # #