Tuesday, January 31, 2006
Oracle completes Siebel acquisition - Internet Software - Computer Software - Technology, Software - Internet - Software - Company Announcements - M&A
Oracle completes Siebel acquisition - Internet Software - Computer Software - Technology, Software - Internet - Software - Company Announcements - M&A: "'Oracle is now the undisputed leader in customer relationship management software,' said Oracle Chief Executive Larry Ellison in a statement.
Combining Siebel's business with its own would catapult Oracle to tie with SAP, (DE:716460: news, chart, profile) of Walldorf, Germany, in the software segment, worth over $11 billion, according to industry tracker AMR Research.
AMR estimated that Oracle's share of revenue in 2005 -- including that from license, maintenance and services -- would have been 15%, tying it with its German rival. The estimate included results from Oracle, Siebel and earlier acquisition PeopleSoft Inc."
Combining Siebel's business with its own would catapult Oracle to tie with SAP, (DE:716460: news, chart, profile) of Walldorf, Germany, in the software segment, worth over $11 billion, according to industry tracker AMR Research.
AMR estimated that Oracle's share of revenue in 2005 -- including that from license, maintenance and services -- would have been 15%, tying it with its German rival. The estimate included results from Oracle, Siebel and earlier acquisition PeopleSoft Inc."
