Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $15,561
19%  
Woo hoo!! And now only $639 from reaching 20%!! Thank you all very much!! God bless.

Keyword: hesaidswallow

Brevity: Headers | « Text »
  • Oracle to swallow Siebel for $5.8 billion

    09/12/2005 10:25:57 AM PDT · by nickcarraway · 12 replies · 655+ views
    CNET News.com ^ | September 12, 2005 | Dawn Kawamoto and Margaret Kane
    update: Software maker Oracle said Monday it will acquire rival Siebel Systems in a deal worth $5.8 billion, marking the second major competitor the company has targeted since mid-2004. Oracle executives said the mega-deal is intended as a "major beachhead" against archrival SAP, which is the world's largest business-applications seller. Siebel specializes in customer relationship management (CRM) software. Oracle said the Siebel acquisition will add 4,000 customers and 3.4 million CRM users. Oracle Chief Executive Larry Ellison said the deal was in part fueled by requests from partners and customers, such as General Electric, that wanted to hold a single...