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Oracle Keynote at Cloud Expo Oracle CEO Larry Ellison got out ahead of his own announcement Wednesday of his plans for Sun and told both the Wall Street Journal and the New York Times that he intends to hire more people at Sun than he fires. He also struck a go-it-alone pose, seeming to burn his bridges with the IBMs and HPs of the world that sell Oracle’s software on their systems. “It took us a while to decide that we would be better off with all the pieces, and not working with partners,” he told the Journal. He’s definitely dumping Sun’s resellers. “Sun has wonderful engineering,” he told the Times, “but they didn’t seem to like selling very much. The partner model was disastrous, and we are immediately changing that.” Instead Sun will sell direct – at least to its 4,000 top customers which account for 70% of its revenues – and sales will include two new purpos... (more)

Oracle Soldiers On

Oracle has now given itself until midnight September 19 to acquire PeopleSoft, the second extension of its hostile $7.3 billion tender offer that it's made. The extensions are attributed to the lengthy review of the two-month-old bid that the government is doing and the deadline may be extended again. Merrill Lynch figures Hart Scott Rodino clearance won't come until the end of the calendar year. Meanwhile, Oracle, which continues to say it's committed to the acquisition even if it takes a year, is losing ground. Last Friday, it said 37.7 million PeopleSoft shares had been tendered, less than the 43.8 million it had on July 11. PeopleSoft now has roughly 371.8 million shares outstanding. Oracle may also have a bunch of states arrayed against it if it persists in the pursuit. Oracle's current plan is to wait for the outcome of the Justice Department's decision, then,... (more)

IBM to Acquire CrossWorlds Software

(October 30, 2001) - IBM has announced that it will buy CrossWorlds Software, an acquisition that will help to strengthen IBM's position in the e-business infrastructure software market. CrossWorlds' is a leading provider of software that enables companies to automate business processes that integrate multiple applications, such as those for managing customer relationships and supply chains. CrossWorlds' products will help automate business processes to its WebSphere middleware product line. Their tools for linking applications will become a part of WebSphere Studio. The acquisition extends IBM's portfolio of e-business infrastructure software, known as middleware, and will address customers' needs for solutions that include both application server and integration software. It is expected to be complete in 60 days. ... (more)

Sybase To Acquire Extended Systems For $71.3 Million

"This acquisition will position Sybase with a powerful, end-to-end information mobility offering," said Sybase Chairman, President, and CEO John Chen (pictured), as Sybase today announced that it has signed a definitive agreement to acquire Extended Systems Incorporated, a leading provider of mobile software solutions, in a cash merger with a total diluted equity value of approximately $71.3 million, or $4.460847 per share. "The acquisition of Extended Systems is expected to enhance our portfolio of mobile middleware solutions and strengthen our geographic presence, particularly in Europe," Chen continued. "When combined with our industry leading mobile database and mobile device management products, [this acquisition]will enable Sybase to deliver on the benefits of the Unwired Enterprise," he added. The transaction, which is subject to regulatory approval, approval ... (more)

Plaxo to Acquire Web 2.0 Calendar Start-Up HipCal

Plaxo, creator of the smart address book, has agreed to acquire innovative start-up HipCal, developer of an award-winning online calendar service. The acquisition will strengthen Plaxo's calendar platform, and extend the company's business model with new revenue-generating offerings. The HipCal announcement highlights Plaxo's commitment to providing its members with the best tools and services for accessing and managing all of their personal information on any platform, email client, browser, or mobile device. The addition of HipCal's team and technology will dramatically accelerate Plaxo's efforts in the calendar space, bringing lifestyle management tools such as appointment management, iCal publication and subscription, and group calendars to Plaxo members by the end of 2006. HipCal is an online calendar, to-list, and address book developed by fraternity brothers Ga... (more)

webMethods Snags Infravio

FAIRFAX, Va., Sept. 11 /PRNewswire-FirstCall/ -- webMethods, Inc. , a leading business integration and optimization software company, today announced that it has entered into a definitive agreement to acquire privately-held Infravio, Inc. for approximately $38 million in cash. The deal is expected to close during the month of September 2006 and it is anticipated to be accretive to webMethods' earnings per share (EPS) beginning with the quarter ending March 31, 2007. Infravio is the leading pure-play provider of service-oriented architecture (SOA) registry and governance solutions. SOA governance enforces the policies and procedures that determine how developers, IT staff and business users leverage and utilize services throughout the entire SOA lifecycle, from initial design and run-time to ongoing changes in the system. SOA governance creates alignment and enables... (more)

Rocket Software Inc. and Seagull Holding N.V. Sign Definitive Merger Protocol Agreement

AMSTERDAM, Netherlands, ATLANTA, and NEWTON, Mass., Feb. 9 /PRNewswire/ -- Rocket Software and Seagull Software today announce that, with the approval of the Seagull Holding N.V. Supervisory Board, they have executed a binding Merger Protocol under which Rocket Software, or one of its wholly owned subsidiaries, agrees to make a public offer to acquire 100% of the shares of Seagull Holding N.V. in an all-cash transaction at a price of 4.33 euro per share (the "Offer"). The Supervisory Board of Seagull Holding N.V., after giving due consideration to the business and financial aspects of the proposed transaction, unanimously resolved to support the Offer, concluded that the Offer is in the best interests of the shareholders and other stakeholders of Seagull Holding N.V., and recommends that shareholders accept the Offer. The offer price of 4.33 euro represents a 94% pr... (more)

How to Acquire an Open Source Software Company 2.0

These days, executives realize that there are “new school” ways of acquiring a company with a software asset.” For all of the immeasurable benefits it has brought to the development community, open source technology has added a complex variable to relevant parties calculating the M&A equation. Open source code, the general reuse of open source, and proprietary software components in software development have further complicated the process of acquiring a software asset. These days, closing a deal that includes a software asset is not much different than shopping for a car. On the outside, the streamlined exterior and highly finished shell might look very glamorous, but the question needs to be asked: “Would you buy a car without first looking under its hood?” Purchasing any software asset demands that due diligence be paid to evaluating... (more)

HP to Acquire SPI Dynamics

“The number of vulnerabilities to business-critical applications has gone up exponentially with the rise of web-based applications,” said Jonathan Rende, vice president of products, Quality Management Software, Software, HP. “Today, HP Software provides solutions that ensure that business applications run well. Now with the addition of SPI Dynamics, we can make sure it is also secure.” HP, which has signed a definitive agreement to acquire SPI Dynamics, Inc., a provider of Web application security assessment software and services, seeks to further strengthen its leadership in the IT application quality management market. Application quality management ensures that business systems, such as e-commerce Websites or financial and supply chain applications, function well without any performance issues. SPI Dynamics technology, which is already in... (more)

Next-Generation IP Services: Oracle Acquires Netsure

"In conjunction with Oracle's ERP, supply chain, inventory management and network discovery solutions, Oracle plans to provide service providers the ability to improve their network ROI and increase their operational efficiency as they launch, deploy and profit from next-generation IP services," said Oracle SVP and General Manager, Bhaskar Gorti, as Oracle this week announced that it has agreed to acquire Netsure Telecom Limited. A leading provider of network intelligence, analytics and network data integrity software, Netsure provides communications service providers critical network intelligence and analytics software, designed to ensure efficient operation and utilization of existing and next-generation networks and services. Netsure's software has been successfully deployed in tier one operators including Vodafone, Cable & Wireless, and Eircom "The addition of Ne... (more)

Open Source VirtualBox Desktop Virtualization Available for All Major Operating Systems

Sun Microsystems announced that it has entered into a stock purchase agreement to acquire innotek, the provider of the open source virtualization software called VirtualBox. By enabling developers to build, test and run applications on multiple platforms, VirtualBox will extend the Sun xVM platform onto the desktop and strengthen Sun’s leadership in the virtualization market. This software is available for all major operating systems at www.virtualbox.org and www.openxvm.org. With over four million downloads since January 2007, innotek’s open source VirtualBox product has been established as one of the leading developer desktop virtualization platforms. Now, as part of the Sun xVM portfolio, VirtualBox will have the support of Sun’s global development community, field resources and partners to make VirtualBox even more compelling to developers and... (more)