Ellison Looks To Pull A PeopleSoft On BEA

from the gotta-keep-SAP-out-of-the-headlines dept

You didn't think that Larry Ellison would let SAP keep the headlines very long for moving to buy Business Objects did you? Just a couple days after that news broke, Ellison made an unsolicited bid to buy BEA. BEA has rejected the offer, saying that it's too low -- and responding in a rather aggressive manner. Of course, this might sound like deja vu. Oracle made an unsolicited bid for PeopleSoft four years ago (days after PeopleSoft announced it was buying JD Edwards), which the company spurned leading to a protracted legal fight that eventually resulted in Oracle winning, and Ellison's antagonists getting shunted aside. That took 18 months. How long do you think this one will take? In the meantime, the lesson seems clear. When two Oracle competitors announce a multi-billion dollar deal, give it two or three days before Oracle will respond with its own (unsolicited) multi-billion dollar acquisition attempt.

Reader Comments

Subscribe: RSS

View by: Time | Thread

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Insider Shop - Show Your Support!

Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Report this ad  |  Hide Techdirt ads
Recent Stories
Report this ad  |  Hide Techdirt ads


Email This

This feature is only available to registered users. Register or sign in to use it.