News (224)

  • PeopleSoft: Conway was less than honest

    A PeopleSoft board member testified Monday that former CEO Craig Conway was fired in large part because of his reckless exaggeration to Wall Street analysts when informing them last year that Oracle's offer to buy the company was no longer a disruptive influence.

  • Europe blesses Oracle-PeopleSoft union

    European antitrust regulators ruled Tuesday that Oracle can proceed with its hostile takeover bid for PeopleSoft, clearing the last regulatory hurdle in the protracted and sometimes tumultuous battle.

  • Uecomm lauds growth as sparking Optus bid

    Junior telecommunications company Uecomm has lauded the "quality of business" recorded over the last two years as validating a takeover bid made by SingTel Optus last Friday.

  • Volante names advisors on Commander bid

    Australian ICT infrastructure and services specialist Volante has retained Macquarie Bank and Deacons to help it assess a hostile AU$129.7 million takeover offer from telecommunications player Commander Communications.

  • Oracle woos shareholder group

    Oracle and its director nominees for PeopleSoft's board have met with an influential shareholder group, in an effort to persuade it to recommend the opposition slate to institutional investors.

  • PeopleSoft rejects lowered Oracle bid

    PeopleSoft's board of directors has rejected Oracle's lowered bid to take over the company, calling the price "inadequate."

  • Oracle e-mails urge scare tactics

    Three days before Oracle publicly announced its intention to buy PeopleSoft, the deal was already viewed as a way to sow seeds of doubt in the minds of PeopleSoft customers.

  • Will Microsoft buy Red Hat?

    OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.

  • Unwired shareholders go slow on Seven takeover bid

    The bulk of shareholders in ASX-listed Unwired are yet to respond to Seven's proposed takeover of the wireless company, with only 21 percent of shareholders accepting the AU$127 million deal to date.

  • iSoft says yes to 166m IBA takeover bid

    After almost a year of uncertainty for IBA Health, iSOFT's shareholders have "overwhelmingly" approved its 166 million pound takeover offer.

  • UPDATE: SecureNet directors endorse big takeover bid

    Australian IT security company SecureNet has recommended its shareholders accept an AU$110 million take over bid by global security corporation beTrusted.

  • Ballmer rules out new Yahoo bid

    Microsoft CEO Steve Ballmer today said that Microsoft was "not interested" in making a new offer for internet company Yahoo, despite Yahoo's share price currently sitting at less than half what Microsoft initially offered.

  • MYOB takeover struggle heats up

    Aussie software company MYOB has brought an application before the takeovers Panel seeking an order to prevent buyout consortium Manhattan Software Bidco from sending out its bidder's statement to MYOB shareholders.

  • Private equity sharks circle MYOB

    A bargain-hunting investment consortium named Manhattan Software Bidco has offered around $443 million in a takeover bid for Australia's leading accounting software brand, MYOB.

  • MYOB holds fire on takeover

    The board of Australian accounting software company MYOB has told its shareholders to resist the temptation to accept an approximately $477 million takeover offer from Manhattan Software Bidco.

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