Latest financial news.
Oracle says PeopleSoft merger ready to roll by January, 12/15/04
It may be one of the software industry’s largest acquisitions to date, but Oracle expects to work out its merger plans with PeopleSoft by the end of the year and will “hit the ground running in January,” according to Oracle President Charles Phillips.
https://www.nwfusion.com/news/2004/1215oraclsays.html?nl
Symantec may buy Veritas for more than $13 billion, 12/14/04
Security software company Symantec is negotiating to buy storage software vendor Veritas Software for more than $13 billion, according to a report published Tuesday by The New York Times.
https://www.nwfusion.com/news/2004/1214updat-sym.html?nl
Update: 3Com to acquire TippingPoint for $430 million, 12/13/04
3Com Monday announced plans to acquire TippingPoint Technologies, a maker of intrusion prevention systems, for approximately $430 million in stock.
https://www.nwfusion.com/news/2004/1213tp3c.html?nl
Cisco buys BCN, 12/13/04
As expected, Cisco late last week acquired privately held BCN Systems of Santa Clara, a maker of routing software that Cisco funded.
https://www.nwfusion.com/edge/news/2004/1213cisbcn.html?nl
Opinion: The fed’s IT funding fiasco, 12/13/04
What are they smoking in Washington? Congress recently cut the budget of the National Science Foundation by $105 million, or roughly 2%. That’s beyond insane.
https://www.nwfusion.com/columnists/2004/121304johnson.html?nl
Software revenue pushes up Oracle’s Q2 earnings, 12/13/04
Oracle Monday reported second-quarter 2005 earnings that beat analyst expectations, thanks to new software revenue and continued gains from license updates and product support.
https://www.nwfusion.com/news/2004/1213updat-sof.html?nl
Cogent expanding base through buys, 12/13/04
Cogent Communications is continuing to gobble up acquisitions, with its focus now turning more to buying customers rather than physical assets.
https://www.nwfusion.com/news/2004/121304cogent.html?nl
Oracle faces daunting challenges integrating PeopleSoft, 12/13/04
PeopleSoft’s acceptance of an Oracle takeover finally ends 18 months of uncertainty for both companies’ customers, but opens new challenges for the victor. As Oracle embarks on one of the software industry’s largest acquisitions in history, it needs …
https://www.nwfusion.com/news/2004/1213oraclfaces.html?nl
WLAN vendor Chantry to be bought by Siemens, 12/09/04
Chantry Networks has become the latest WLAN start-up to give up trying to go it alone.
https://www.nwfusion.com/news/2004/1209chantry.html?nl
Symantec to buy IDS company Platform Logic, 12/09/04
Anti-virus software company Symantec signed an agreement to buy Platform Logic, a maker of intrusion detection software, for an undisclosed sum, according to information obtained by IDG News Service.
