Renee Boucher Ferguson

Mixed Results for SAP in 2Q

Software giant SAP AG announced a mixed bag of second-quarter earnings on July 17, as an up-and-coming rival trounced analyst expectations. SAP announced a profit of $240 million (219 million euro) that was about 18 percent better than the profit in the first quarter. It beat a loss of about the same size in the […]

PeopleSoft Closes JDE Deal

Shareholders weighed in with a show of support for the PeopleSoft Inc and J.D. Edwards merger last night. PeopleSoft, of Pleasanton, Calif., and JDE, of Denver, announced this morning that PeopleSoft has purchased about 110 million shares, or 88 percent of the outstanding JDE shares. The company needed to close on fifty one percent of […]

PeopleSoft Books Solid 2Q Results

In line with its preliminary earnings call earlier this month, PeopleSoft Inc. reported strong second-quarter results Thursday. The company reported license revenues of $112 million, a sequential increase of 38 percent, and total revenues of $497 million, an 8 percent sequential increase. PeopleSoft also beat its own earnings guidance for the quarter, posting 14 cents […]

PeopleSoft Locks In J.D. Edwards Price

Locking in the price of its J.D. Edwards & Co. acquisition, PeopleSoft Inc. announced today that JDE stockholders will receive close to $14.75 in cash or 0.8243 of a PeopleSoft common share for each JDE share. The total transaction will amount to $1.8 billion based on a per share consideration. Shareholders can also receive a […]

Ariba Module Manages Supplier Performance

Former business-to-business superstar turned spend management guru Ariba Inc. on Tuesday announced a new module to help companies realize their spending objectives through supplier management. The Ariba Supplier Performance Management module is designed to help companies manage corporate spending through performance measurement, collaboration and better supplier relationships. The software essentially provides a business process whereby […]

Securing Financial Transfers

Integration software provider Sterling Commerce Inc. announced last week new software capabilities that enable community banks to meet federal rules of privacy and security when moving financial data between banks and other financial institutions. With a regulatory climate that leaves little room for mistakes regarding the security of consumer information, ConnectDirect for Community Banks, which […]

Oracle Plots Acquisition Course

At its annual financial analysts meeting at its headquarters in Redwood Shores, Calif., Wednesday, Oracle Corp. said its in a position of strength and plans to use that to acquire other companies in its quest to give software giants SAP AG and Microsoft Corp. a run for their money. For starters, Oracle last month lobbed […]

Epicor Acquires ROI Systems

Enterprise resource planning software maker Epicor Software Corp., of Irvine, Calif., announced today that it has completed its acquisition of ROI Systems Inc. for $20.7 million in an all-cash transaction. Privately held ROI, of Minneapolis, makes manufacturing software for the mid-market, which is also Epicors customer base. The acquisition extends Epicors current manufacturing customer base […]

Popkin Partners With Lanner

Popkin Software and business simulation software maker Lanner Group announced Monday a partnership that will pair Popkins System Architect software with Lanners Witness solution. Popkin, of New York City, makes enterprise architecture tools that include modeling software, while Witness is simulation software. The idea behind the partnership is to help federal agencies be agile so […]

Oracle Faces Decision

Oracle Corp. is feeling intensifying pressure in its quest for PeopleSoft Inc. Late last week, sources confirmed that 15 states have formed a working group to look at the antitrust issues involved in the proposed takeover. While the implications of such a move vary widely, the move indicates a growing skepticism by outsiders of the […]