Stacy Cowley

In an effort to win the support of PeopleSoft Inc.'s customers for its hostile takeover bid, Oracle Corp. is planning a series of online

The U.S. Department of Justice (DOJ) has ended its review of PeopleSoft Inc.'s planned acquisition of J.D. Edwards & Co., clearing the way for the transaction to close later this month, PeopleSoft said Monday.

Hoping to spur adoption of a fledgling industry standard for storage management, Hewlett-Packard Co. introduced Wednesday a new development program offering technical and marketing support to company partners working to make their products compliant with the Storage Management Interface Specification (SMI-S).

Shaking off the grimmest predictions about the effect Oracle Corp.'s hostile takeover bid could have on PeopleSoft Inc.'s sales, PeopleSoft said Wednesday it has met its previously announced financial expectations for the quarter that ended Monday.

Chief information officers surveyed by CIO magazine say their spending plans are starting to pick up, according to the June results of CIO's monthly Tech Poll. Respondents predicted their IT budgets will grow by an average of 5.6 percent over the next 12 months, up from the 3.3 percent average projected in May.

Veritas Software Corp. said Monday it has closed its US$609 million acquisition of Precise Software Solutions Ltd., whose application performance management software Veritas intends to use to expand its storage-focused software portfolio.

Microsoft Corp. is realigning its Microsoft Consulting Services business, following the lead of other IT vendors and consultancies in seeking more strategic work in place of routine services and development tasks. As part of the shift, the group recently cut 161 positions in the U.S., an unusual move for a company that traditionally shuns layoffs.

PeopleSoft Inc.'s board of directors voted unanimously to recommend shareholders reject Oracle Corp.'s unsolicited US$5.1 billion bid to take over the company, PeopleSoft said Thursday