Tuesday, September 13, 2005

 

Experts mull over Oracle's Siebel buy

Experts mull over Oracle's Siebel buy: "In what is likely the year's biggest news in CRM, Oracle announced plans to buy long-time market leader Siebel Systems in a deal valued at $5.8 billion. This announcement comes only eight months after Oracle formally acquired another CRM rival, PeopleSoft, and positions Oracle to become the world's largest provider of CRM software. By acquiring Siebel, Oracle would inherit 4,000 CRM customers and 3.4 million user licenses. "

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