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World News Atlas    San Francisco Bay Area    Oracle    2003

Homes for Sale in East Bay (San Francisco Bay Area)
Oracle, 2003 Timeline Saturday, June 21     Author
Search Bay Area News Atlas:


Legend  
Again No. 1 Database Software Shop Revenue slump ended, earnings higher


March 2003 ... more > Top ^

Mar.10
Mar.18
  Business software maker delivered its first sales gains in two years


May 2003 ... more > Top ^

May.15 Mor. Stanley Analyst Named as Executive

June 2003 ... more > Top ^

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
Jun.7 PeopleSoft Boss Couldn't Back Oracle Bid Jun.9 Oracle presses ahead with PeopleSoft bid Jun.10 Oracle says PeopleSoft drops legal threat Jun.11   Ellison rattles industry with takeover bid  Surprising $5.1 billion offer for PeopleSoft already has sent shock waves through the industry Jun.12 PeopleSoft urges to reject Oracle offer Profit Up, Sales Gains Seen
  Oracle posted a bigger-than-expected 30% rise in fourth-quarter profits
Jun.13 Shares Rise as Results Cheered
  Shares rose to a 15-month high as analysts cheered strong quarterly results and positive guidance Jun.14 PeopleSoft Sues to Block Takeover Bid Jun.16 Oracle Urged to Raise Bid for PeopleSoft Jun.18 Oracle Ups PeopleSoft Offer to $6.3 Bln Jun.19 PeopleSoft moves ahead with J.D. Edw. Jun.20   PeopleSoft directors urge to reject bid  PeopleSoft urged its stockholders to reject Oracle takeover offer, saying the price was too low and feds might object Oracle Vows PeopleSoft Product Support PeopleSoft Rejects Sweetened Oracle Bid Jun.22 Bid for Peoplesoft Seen Approvable Jun.24 Ellison predicts Oracle will prevail in bid

July 2003 ... more > Top ^

Jul.3 Oracle Extends PeopleSoft Tender Offer  Oracle had extended its tender offer for shares until July 18   PeopleSoft deals to refund $354 million  PeopleSoft second-quarter deals could saddle Oracle with customer refunds if the suitor prevails in a takeover bid Jul.6   CEO Debates PeopleSoft Bid  Larry Ellison does not know if he will raise the software giant's $6.2 billion offer Jul.9 Oracle: PeopleSoft Can't Survive Alone  Chief Executive Ellison said that PeopleSoft cannot survive independently in a consolidating software industry Jul.14 Oracle Extends Its Offer for PeopleSoft  Oracle Corp. it extended its tender offer to Aug. 15 and said it remained 'fully committed' to buying its smaller rival Jul.24 Oracle revises PeopleSoft bid to $7.5 b
  Oracle Corp. prepared to pay an extra $1.2 billion to include J.D. Edwards & Co. in the hostile takeover

August 2003 ... more > Top ^

Aug.20 Oracle Sees Probe Ending by Nov.  U.S. Department of Justice could conclude an antitrust review of hostile bid for PeopleSoft by November Aug.26   PeopleSoft revives refund guarantees  Software maker has revived promises of large customer refunds if its products are spoiled by Oracle takeover bid

September 2003 ... more > Top ^

Sep.8 New Update to Database Software  10g database is designed to help disparate computer systems work in a more integrated and cheaper way   Ellison back on Oracle's payroll
  The 59-year-old billionaire was waiving his salary the past 4 years Sep.12 28% increase in quarterly profit
  The business software maker earned $440 million, or 8 cents per share, matching Wall Street expectations Sep.18 PeopleSoft releases more Oracle e-mails  E-mails provided another peek at the behind-the-scenes sniping and public relations posturing that have spiced the takeover Sep.19   Larry Ellison is world 9th richest
  Oracle Chairman and CEO has a net worth of $18 billion according to Forbes magazine


October 2003 ... more > Top ^

Oct.5 Oracle launching ThinkQuest competition  The international educational contest is open to students and their teacher-coaches

November 2003 ... more > Top ^

Nov.11 Oracle may drop PeopleSoft takeover  Business software maker may drop its hostile takeover bid because its rival is offering generous customer refunds Nov.24 PeopleSoft proxy fight early next year  Oracle reassured investors of its resolve to buy resistant rival

December 2003 ... more > Top ^

Dec.15 Quarterly profit rises by 15%
  Oracle Corp. reported rising demand for its business software. It earned $617 million, or 12 cents per share




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