Oracle Corp. has released the witness list it filed with the U.S. District Court in the U.S. Department of Justice's antitrust case against Oracle's hostile takeover bid for PeopleSoft Inc.
Oracle Corp. on Tuesday released the witness list it filed earlier in the day with the U.S. District Court in the U.S. Department of Justices antitrust case against Oracles hostile takeover bid for PeopleSoft Inc.
The list, which consists of 25 names, includes PeopleSoft CEO Craig Conway, whose testimony Oracle estimates will consume a whopping 6 hours of court timefar and away the longest time allotted to Oracles witnesses. Conway will appear in slot No. 20.
Oracle has unsweetened its offer for PeopleSoft by $5/share. Click here to read more.
In a letter to the court, Oracle said that Conway will be called upon to talk about FMS (Financial Management System) and HRMS (Human Resources Management System) competitive dynamics; PeopleSofts competition in large enterprise deals; customer alternatives to enterprise resource planning suites; a prior proposal (by Conway himself) to combine Oracle and PeopleSofts respective applications businesses; the sustainability of PeopleSofts current business model; and PeopleSofts opposition to the acquisition, which Oracle launched last June.
Other industry heavyweights whom Oracle will bring before Judge Vaughn R. Walker include Steve Mills, senior vice president and group executive in charge of IBMs $14 billion software business. Mills will be called upon as the 17th witness to testify on IBMs database, application, integration layer, and stack positioning and strategies. Oracle estimates his testimony will take 1.5 hours.
Click here for commentary on why Oracles offer-cutting signals the end of its bid for PeopleSoft.
Oracle will also call on seven of its own employees, culminating with Oracle founder and CEO Larry Ellison in slot No. 24. Ellison will testify regarding the purpose of the acquisition and how the acquisition relates to competition with IBM, Microsoft Corp. and others. Ellison is slated for a concise, one-hour talk.
Next page: Oracle calls upon its own.