The companies are awaiting the ruling of a U.S. District Court Judge who is weighing arguments by the U.S. Department of Justice that the hostile acquisition would be anticompetitive.
Closing arguments took place in late July. Some had expected Judge Vaughn Walker's decision this week. Trial watchers say the judge will start a new case next week which they expect to last 15 days. A ruling on the Oracle case is not expected until Labor Day at the earliest.
Oracle launched what has become an epic takeover battle in June 2003, just days after PeopleSoft announced plans to buy J.D. Edwards and its line of midmarket ERP products. At that time Oracle offered $9.4 billion for PeopleSoft, which loudly rebuffed the offer.
Oracle has maintained that a PeopleSoft/Oracle combination would compete with business application companies ranging from Microsoft to SAP in a broadly defined market. PeopleSoft and government lawyers argued that a merger between the two companies would hurt competition in enterprise applications.
For continuing coverage, see CRN.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Digital Transformation Myths & TruthsTransformation is on every IT organization's to-do list, but effectively transforming IT means a major shift in technology as well as business models and culture. In this IT Trend Report, we examine some of the misconceptions of digital transformation and look at steps you can take to succeed technically and culturally.