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Oracle Buys Siebel, Ebay Take Skype

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hi,

Oracle acquires yet another company in its competition agains SAP. Some time back it took over Peoplesoft in a long bargained deal... Now it is Siebel systems.

Oracle to acquire Siebel Systems Michael Liedtke,  Associated Press
September 13, 2005 ORACLE0913
 

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 leader SAP AG.

In another high-tech merger on Monday, online auctioneer eBay Inc. agreed to pay at least $2.6 billion in cash and stock for Internet phone provider Skype Technologies SA.



Google the web and u will find many...........
One of the Sources: http://www.startribune.com/

In another deal, Auction major EBAY finalized the deal to take over Internet phone provider Skype Technologies.

Cheers.

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I have mentioned about the Ebay deal in the last line from the bottom. It was worth about $2.6 billion in cash and stock.This news is also mentioned in the second part of the quoted text box.Cheers.

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