Renee Boucher Ferguson

UGS Corp., steaming ahead on the acquisition trail, announced last week that it plans to acquire Israeli-based Tecnomatix Technologies Ltd. for $228 million in cash, marking the companys fourth technology acquisition in less than a year. Tecnomatix makes MPM (manufacturing process management) software for several verticals, including the automotive, aerospace and electronics industries. Its eMPower […]

In the midst of swapping out executives at recently acquired PeopleSoft Inc., Oracle Corp. is also making some internal adjustments. The company quietly replaced two top executives last week, including Ron Wohl, executive vice president of application development, according to sources close to the company. Michael Rocha, executive vice president for global support services is […]

EPCglobal Inc. hopes to finally propel radio-frequency identification from pilot status to wide-scale deployment with a new interoperability specification. The UHF Generation 2 protocol, released in mid-December, is the first chip and reader protocol that can be used globally, regardless of reader frequency or regional regulations, according to EPC officials and industry analysts. The spec, […]

Although the ink on the deal between Oracle Corp. and PeopleSoft Inc. is barely dry, third-party software developers that make their living selling add-on enterprise resource planning applications are bracing for a seismic shift in their business. Software providers such as Newmerix Corp. and Anteo Group LLC that count PeopleSofts customer base as a large […]

Furthering its mission to provide collaboration and integration software and services to its vast EDI (electronic data interchange) customer base, Sterling Commerce announced today the acquisition of Yantra Corp. for $170 million in cash. The transaction, pending review, is expected to be complete in the first quarter of 2005. Yantra develops distributed order management and […]

Following a trend of consolidation thats market the PLM (product lifecycle management) industry over the past year, San Jose, Calif.-based Centric Software Inc. on Monday will announce its acquisition of Framework Technologies Corp. The terms of the deal, which closed last Wednesday, were undisclosed. The merging of the two companies is complementary and brings together […]

Oracle Corp. hopes to close its buyout of PeopleSoft Inc. within two weeks and have a new management organization in place for the combined companies sometime in January, Oracle co-president Charles Phillips said Tuesday. “The likeliest scenario is that the deal could be closed in terms of us having the keys around Dec. 30,” Phillips […]

Its an early Christmas for Oracle Corp.—and PeopleSoft Inc. shareholders. The two companies announced early Monday morning a definitive merger agreement whereby Oracle will acquire PeopleSoft for $26.50 per share, or $10.3 billion. The final buying price is $2.50 per share, or about $1.2 billion, over Oracles “best and final offer” from last month. Oracles […]

In stealth mode Monday morning, Oracle announced its second-quarter earnings a little early. The company, which hosted a conference call with media and analysts at 4 a.m. Pacific time, reported a 57 percent increase in its applications business, up from a 36 percent decrease last quarter. That success, however, was eclipsed by even bigger news. […]

In a move that sparked some controversy, Commerce One Inc. held a fire sale in the U.S. Bankruptcy Court for the Northern District of California, auctioning off not only the company, but the companys intellectual assets. The sale of 39 Web services patents developed by Commerce One went to mysterious high bidder JGR Acquisition Inc. […]