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2Q Profit Soars 35 Percent Oracle Offers $6.7B for BEA Systems

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Summary.     Click for More > 4Q Earnings Rise 27 Percent To $2.04B  Oracle breezed past analysts' expectations, providing another sign of the technology industry's vitality despite the U.S. economy 3Q profit meets expectations 47 Bay Area billionaires on Forbes list  San Francisco: The Bay Area's biggest billionaire is Oracle founder Larry Ellison, worth $25 billion Oracle to Buy BEA for $7.85 Billion
Jun. 25
Mar.26
Mar.6
Jan.16
  Oracle agreed to buy BEA Systems Inc. for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the company


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4Q Earnings Rise 27 Percent To $2.04B


June 2008 ... more > Top ^

Jun. 25
  Oracle breezed past analysts' expectations, providing another sign of the technology industry's vitality despite the U.S. economy


March 2008 ... more > Top ^

Mar.26 3Q profit meets expectations
  The profit jumped 30%, but a sales miss sent shares tumbling after hours on fears the company is being pinched by falling spending Mar.6 47 Bay Area billionaires on Forbes list
  San Francisco: The Bay Area's biggest billionaire is Oracle founder Larry Ellison, worth $25 billion


January 2008 ... more > Top ^

Jan.16 Oracle to Buy BEA for $7.85 Billion
  Oracle agreed to buy BEA Systems Inc. for about $7.85 billion, a compromise price that ends a months-long dispute over the value of the company


year 2007 ... more > Top ^

Dec.20  NetSuite IPO Prices at $26 Per Share Dec.19 2Q Profit Soars 35 Percent  Oracle Corp. fared far better than analysts anticipated. Relieved investors drove up stock price by more than 6 percent Oct.25 BEA willing to discuss sale to Oracle. San Jose Oct.13 BEA rejects Oracle's takeover bid. San Jose Oct.12 Oracle Offers $6.7B for BEA Systems
  Oracle Corp. has offered to buy struggling rival BEA Systems in its latest shot aimed at another industry leader, SAP AG Town Approves Controversial Smoking Ban Sep.21 Expansion pays off with strong quarter  Oracle churns out one impressive quarter after another, 3 years into a $25 billion shopping spree Multiple Big Rig Crash Closes Bridge Jun.26 4Q Profit Up 23%, Beats Expectations  The business software maker gets more sales picked up in a $25 billion shopping spree that has buried much of its competition May.15  Ex-VP settles with SEC Mar.23  Oracle alleges theft by SAP Mar.21 3Q Profit Rises 35%  The company earned $1.03 billion, or 20 cents per share, an increase from an income of $765 million, or 14 cents per share, in last year

year 2006 ... more > Top ^

Dec.18 2Q Earnings Climb 21%  The business software maker reaped the returns from a 2-year shopping spree that has knocked out rivals Nororvirus Quarantine At Senior Facility Oct.27  IBM tops Oracle in sales Oct.25  Oracle Offers Red Hat Product Support Oct.24 Oracle OpenWorld Convention Invades SF
  South of Market: The city has been invaded by the more than 42,000 people from 120 countries at the $30 million event Oct.20 Oracle, Warriors have naming agreement  The Coliseum Arena will be renamed the Oracle. 10-year agreement includes additional exclusive team sponsorship Jun.27 Ellison pulls plug on Harvard donation. Larry Ellison Jun.23 Oracle reports rise in revenue, profit Jockey Sustains Critical Injury Apr.17 Report: Oracle Mulled Novell Acquisition Mar.21 42% rise in profit Feb.14  Oracle buys Sleepycat Feb.9 Oracle laying off 2,000 employees
  The software maker warned they would eliminate overlapping jobs following their takeover of Siebel Systems Officer shot and killed

year 2005 ... more > Top ^

Dec.15 2Q Earnings Drop, Meets Estimates Nov.4 CFO Maffei leaving Sep.22  Ellison is 5th richest American  Quarterly profit matches expectations Sep.13  Ellison to settle suit with $100 million Sep.12 Oracle to Purchase Siebel in $5.85B Deal
  Oracle is continuing a shopping spree that has eliminated two of its biggest competitors in nine months Shooting left 3 people dead Jun.29  Profit up 3%, exceeding expectations Jun.24  Maffei named as new president, CFO Mar.18  CFO quits; SAP raises bid for Retek Jan.14   Oracle to fire 5,000  Pleasanton: The job cuts outlined represent a 9% reduction from the 55,000 employees on the 2 companies' combined payrolls Jan.7 Oracle completes PeopleSoft acquisition

year 2004 ... more > Top ^

Jury Recommends Death for Peterson
Dec.13   Oracle Buys PeopleSoft for $10.3 Billion
  PeopleSoft agreed to a sweetened buyout by rival software maker, relenting after a 18-month takeover saga
 PeopleSoft's board has approved an improved bid, worth $26.50 a share, after 5 previous offers, ranging in value from $7.7bn to $9.4bn. Oracle was winning the support of 60% PeopleSoft shareholders. Larry Ellison was initially making a $5.1bn offer in June 2003. The merged companies are second only in size to SAP in the enterprise software market
Nov.20  PS board again rejected Oracle’s bid Nov.19 PeopleSoft shareholders back Oracle bid. Pleasanton Peterson convicted of murder Nov.10  PS board rejects Oracle's $9.2 billion bid Nov.1 Oracle boosts bid for PeopleSoft Oct.29 Larry Ellison spurned in bid to buy 49ers Sep.25  Larry Ellison is 10th richest in U.S. Sep.14 Earnings top expectations by penny Sep.9 Bid to block PeopleSoft takeover rejected  A federal judge Vaughn Walker rejected the government's attempt to block $7.7 billion takeover bid 2 Thrown into Bay in Bridge Crash Jun.28  Oracle won't call PeopleS. CEO as witness Jun.21 9 takeover targets before PeopleSoft  Justice Department released a shopping list of targets Oracle considered before setting its sights on PeopleSoft Jun.15  Another double-digit earnings gain Jun.7 Oracle-PeopleSoft antitrust trial begins May.26 PeopleSoft spurns Oracle bid for 4th time. Pleasanton May.14  Oracle shaves 18% off PeopleSoft bid Girl, 14, dies from Ecstasy overdose Mar.17  Ellison gives wife rich gift of Oracle stock Mar.11 Quarterly profit improves by 11% Feb.10 DOJ recommends blocking PeopleSoft bid  Justice Department recommended blocking Oracle's proposed $9.4 billion takeover of rival PeopleSoft Jan.13 CEO Larry Ellison marries for fourth time. Woodside Jan.12   CFO Henley named as new chairman  Business software maker is replacing its colorful co-founder Larry Ellison, who will remain CEO

year 2003 ... more > Top ^

Dec.15 Quarterly profit rises by 15%
Jun.12 Profit Up, Sales Gains Seen Jun.6 Oracle offers $5.1 billion for PeopleSoft
  Software maker is in a hostile takeover attempt aimed at eliminating one of its competitors for $16 per share
Mar.18 Revenue slump ended, earnings higher

year 2002 ... more > Top ^

Dec.18 Performance better than expected
Sep.17 Quarterly profit plunges 33% Jun.18 Profit beat analysts' expectations Napster files for Chapter 11 bankruptcy

year 2001 ... more > Top ^

Dec.28 Up to 850 workers to be fired  Oracle will fire up to 2% of its worldwide work force, early 2002 to help offset sluggish sales Jun.18 4rth-quarter beat expectations Apr.10  Judge Warns City in Ellison Flap Mar.1 Oracle warns of lower earnings

year 2000 ... more > Top ^

Jul.3 President resign  Oracle's No. 2 executive, Raymond J. Lane, quit after 8 years. Jun.28  Oracle spy on Microsoft May.13 Former Executive Sues Over Termination
Mar.15 Big Gain In Income