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World News Atlas    San Francisco Bay Area    Oracle    2005

Oracle, 2005 Timeline Thursday, September 4     Author
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  Oracle to fire 5,000

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Legend  
Oracle completes PeopleSoft acquisition


January 2005 ... more > Top ^

Jan.7
  Oracle closed the deal after announcing that that 97% of PeopleSoft's stockholders had accepted a $26.50 offer
Jan.14
  The job cuts outlined represent a 9% reduction from the 55,000 employees on the 2 companies' combined payrolls
Jan.15 Yahoo! CEO says Oracle Layoffs still OK  Terry Semel says in the dark days more than one third of the Yahoo workforce was laid off Jan.26   Ellison taunts SAP, seeks closer IBM ties  Oracle CEO is girding for a showdown with SAP AG and becoming more friendly with frequent rival IBM Corp.

March 2005 ... more > Top ^

Mar.9 Oracle makes bid for Retek  Oracle is saying it plans to buy a Minnesota software company that had just agreed to a merger with SAP Mar.18 CFO quits; SAP raises bid for Retek  Harry You, resigned unexpectedly. German archrival raised the stakes in the two firms' bidding war for Retek Mar.22 Oracle to Buy Retek for About $670M  Business software maker beat out the rival SAP AG, reaching an agreement to purchase the retail software maker

April 2005 ... more > Top ^

Apr.30 Report: Siebel fending off Oracle advance  Stock jumped nearly 5%, after the financial newspaper the Daily Deal posted a story

June 2005 ... more > Top ^

Jun.24 Maffei named as new president, CFO
  Oracle tapped former Microsoft executive Gregory B. Maffei to be its new president and chief financial officer. Jun.29 Profit up 3%, exceeding expectations
  In the first full quarter following its $10.6 billion acquisition of PeopleSoft was strong sales of software in the US

July 2005 ... more > Top ^

Jul.2 Oracle whittles $65m from restructuring  Price of merging with PeopleSoft is set at $546 million, lowered from an earlier projection of $611 million

August 2005 ... more > Top ^

Aug.2 Oracle Buys Software Provider In India  Oracle agreed to purchase up to 61% of i-flex solutions Ltd., a banking software provider

September 2005 ... more > Top ^

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
Sep.13 Ellison to settle suit with $100 million
  In a proposed court settlement Larry Ellison would pay $100 million to a charity to settle charges of insider trading Sep.20 Oracle faithful gather at Moscone
  The giant software company basked in the glory of its yearlong acquisition binge Sep.22   Ellison predicts a big future  Oracle CEO believes his company can double in size in the next few years, from $14.5 billion to nearly $30 billion Quarterly profit matches expectations
  The business software maker continued to digest its recent acquisition of PeopleSoft and Siebel Ellison is 5th richest American
  Ellison, Lawrence Joseph, 61, $17 billion, Oracle CEO

November 2005 ... more > Top ^

Nov.4 CFO Maffei leaving
  Gregory Maffei said his departure 'is not a reflection on the company, its executives or employees'
Nov.16 Oracle bought Thor and OctetString  Oracle has snapped up security software specialists to fill holes in its product lineup

December 2005 ... more > Top ^

Dec.15 2Q Earnings Drop, Meets Estimates
  Iinvestors have been expecting bigger things since the software maker launched a shopping spree a year ago




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