The Siebel acquisition, expected to close early next year, affects about 4,000 customers. The company has about 5,000 workers, many of whom are expected to lose their jobs as Oracle cuts costs in an ...

Solution providers say the blockbuster deal puts pressure on existing Siebel agreements with Microsoft and IBM. It also promises to be what Oracle is calling a "major beachhead" against ERP giant SAP.

Oracle has agreed to acquire business applications vendor Siebel Systems in a deal valued at approximately $5.85 billion, or a net value of $3.61 billion taking into account Siebel’s cash reserves, ...

Oracle Corp. is laying off 2,000 people as part of its acquisition of Siebel Systems Inc. Oracle closed the $5.84 billion buyout of the CRM software vendor last month and has started the paring down ...

Oracle Corp. said yesterday that it has agreed to buy Siebel Systems Inc. in a deal valued at $5.53 billion. If approved, the acquisition would give Oracle an edge on its chief competitor, German firm ...

Oracle’s agreement to buy Siebel Systems immediately raised questions about the future of Siebel’s CRM OnDemand service – a venture in which Oracle rival IBM is deeply involved. Executives from both ...

SAN FRANCISCO - Oracle Corp. is buying hobbled Siebel Systems Inc. for about $5.85 billion, eliminating another competitor in its campaign to grab market share from business applications software ...

Oracle has completed its acquisition of Siebel Systems, a developer of customer relationship management software. Oracle officials said Siebel’s products will become the core CRM offering within ...

Launched in Oct. 2003, Siebel CRM OnDemand was initially positioned as a joint offering with IBM, which hosted the service's customer data on its infrastructure and database software. Siebel was IBM's ...

If Oracle Corp.’s takeover of PeopleSoft Inc. falls through, the software maker may go after its second choice: Siebel Systems Inc. In its quest for growth, Oracle has Siebel second on its wish list, ...

LOS ANGELES (MarketWatch) - Oracle Corp.'s planned $5.85 billion acquisition of business-software maker Siebel Systems Inc. was cleared Thursday by European antitrust regulators, who said the ...

The integration of Siebel Systems into Oracle will result in a reduction of 2,000 in the total workforce of the combined companies, but a majority of the layoffs will affect Oracle employees, Oracle ...