Founded by a former Oracle executive, software maker Siebel Systems soared high in the late 1990s, then struggled in the post-bubble era. Its 12 years of independence are now coming to an end in the form of a $5.8 billion buyout from none other than Oracle.
The database giant makes its fourth acquisition this year, buying up CRM specialist Siebel.
September 12, 2005
Reaction to Oracle's megamerger with Siebel Systems is mixed, but the deal won't be as complex as Oracle's purchase of PeopleSoft.
September 12, 2005
Acquisition is a positive move overall, although it crowds Oracle's already full plate of company- and product-integration activities.
September 13, 2005
Many say the software giant's only means of growth is to buy up the competition, while others say the acquisition will be fraught with challenges.
September 12, 2005
Thomas Siebel is as aggressive as Oracle boss Larry Ellison, but his personal style couldn't be more different.
September 12, 2005
Oracle's acquisition of Siebel Systems wasn't a big surprise for employees of either company, yet some appeared a bit rattled arriving for work Monday morning.
September 12, 2005
Marc Benioff also takes a shot at the database giant. But an industry watcher sees the buyout as a challenge for Salesforce.
September 12, 2005
Business software company founded by Tom Siebel accepts a $5.8 billion buyout from a company for which he once worked.
September 12, 2005
Benioff on Oracle deal: 'The end of software'
blog Salesforce.com's CEO says the acquisition puts long-suffering Siebel investors "out of their misery."
September 12, 2005
Ellison agrees to settle insider trading suit
Oracle's CEO agrees to pay $100 million to charity to resolve a lawsuit charging that he engaged in insider trading in 2001.
The New York Times
September 12, 2005
Federal judge dismisses lawsuit alleging that the CRM software maker violated fair-disclosure regulations.
September 1, 2005
newsmaker The CRM developer has been battered by shifts in the market. But it is taking a new tack--and it's up to Bruce Cleveland to make it work.
August 17, 2005
newsmaker Charles Phillips, an Oracle co-president, hints at the database giant's upcoming moves.
July 25, 2005