Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK Oracle said Monday it would acquire PeopleSoft for about $10.3 billion. The transaction has been approved by the boards of directors of both companies and should close by early January.
When completed, the deal will create the world’s second-largest maker of business applications software behind SAP of Germany. It also marks the end to an 18-month hostile takeover attempt by Oracle, which in November said it made its “best and final” offer of about $9.2
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in