Oracle closes Retek deal
News Oracle said late on Monday it has closed its deal to acquire Minneapolis-based retail software maker Retek. The move comes after the company acquired 94 percent of Retek shares. Oracle said that Retek will operate as a separate retail business unit...
[April 12, 2005, 9:50]
Oracle beats SAP to Retek
News Oracle announced late Monday that it has signed a definitive deal to acquire Retek, saying it had defeated rival SAP in its bidding war for the Minneapolis-based retail software maker. In a press release, Oracle said it will acquire Retek at a...
[March 22, 2005, 8:00]
Oracle starts takeover spat with SAP
News Oracle is muscling in on SAP's bid to buy software maker Retek, saying it plans to best its rival's $8.50 (£4.40) per share offer with a $9 bid on Wednesday. Over the past two days, Oracle purchased 5.5 million shares of Retek, giving it a nearly...
[March 9, 2005, 8:30]
SAP: Oracle leadership claims 'not accurate at all'
News That new company, Karstadt Kompakt, evaluated a standalone retail solution and chose Oracle's Retek over SAP. SAP cited the Merrill Lynch report, which showed that Oracle's applications revenue was down 45 per cent organically, when accounting for...
[December 23, 2005, 11:25]
New Look Group plc Improves Margins and Performance During Its Expansion
White Papers New Look turned to Oracle (previously Retek) retail merchandise operations management and supply chain solutions to enable continued profitable expansion and improved financial and operating performance.
[December 23, 2006, 0:00]
Oracle targets SMEs for future growth
News Oracle has been on an acquisition spree, buying niche players such as logistics and transportation software maker G-Log and retail software vendor Retek. Oracle is taking a two-prong approach to battling the competition, focusing on its Fusion...
[October 25, 2005, 15:15]
Oracle makes security acquistion
News Oracle has been on an acquisition tear recently, buying software maker Retek for $650m in a deal inked just last week. Oracle has acquired a privately held computer security company, continuing an acquisition spree it started in recent months.
[March 29, 2005, 9:30]
Oracle to buy Skywire Software
News Oracle's announcement marks its latest effort to bolster its breadth of enterprise software applications in targeted markets, ranging from the acquisition of transaction-processing specialist Tangosol to retail specialist Retek to logistics and...
[June 24, 2008, 9:36]
Oracle: Squaring up to SAP
News Oracle quickly followed that up by arm wrestling SAP for ownership of Retek, paying more than $600m for the company - about twice its market value before the bids started rolling in. Under the code name Project Fusion, Oracle is combining its own...
[April 4, 2005, 16:35]
SAP lures Siebel customers with discount package
News SAP has since extended the offer to companies running software from JD Edwards and Retek, both of which Oracle now owns. SAP has begun offering software discounts to companies that switch from Siebel to SAP's competing set of business applications.
[October 18, 2005, 16:05]
Multiple database support possible for Project Fusion
News These also include business software makers Retek, ProfitLogic and JD Edwards, which PeopleSoft had bought before it, in turn, was purchased by Oracle. Oracle may make a decision as early as March on whether to support multiple databases in its...
[September 20, 2005, 9:10]
Oracle gives Ellison a pay hike
News Ellison's compensation is appropriate given his "leadership of our long-term growth strategy, consisting of both external growth through our successful acquisitions of companies such as PeopleSoft and Retek and internal growth of our existing...
[September 1, 2005, 11:05]
Oracle to axe thousands of staff
News And earlier in the year, Oracle won a bidding war for retail applications software maker Retek. Oracle outlined its integration plans for Siebel on Thursday, with 2,000 job cuts among the most notable tasks at hand.
[February 10, 2006, 8:30]
Dell seeks to cash in with retailers
News To help smooth integration with retailers' other electronic systems such inventory, Dell will work with software makers Retek, AutoGas, GERS and MSS Global. Dell Computer hopes to ring up new sales with retailers.
[January 14, 2003, 8:08]
Oracle halfway to Fusion
News Since acquiring PeopleSoft, Oracle has scooped up a bunch of smaller software companies, including retail software specialists Retek and Profit Logic, in a bold effort to overtake SAP in the $50bn global market for business applications, which...
[January 19, 2006, 11:15]
Oracle: IBM DB2 is behind the times
News Koerner believes Oracle's "go it alone" approach has caused leading application developers such as SAP, Siebel, PeopleSoft, Retek and Vignette to abandon Oracle and form strategic alliances with IBM. This was Oracle chairman and chief executive...
[June 13, 2002, 10:38]
