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While many industry watchers are lauding SAP's opportunity to steal customers away from Oracle as the company works to integrate its multiple acquisitions, the database and enterprise applications ...
Retek and companies like it, including JDA Software , fill an important gap in enterprise software that has not been filled by huge, generalized enterprise resource planning software by SAP.
Oracle Corp. beat out German rival SAP AG in a bidding war over Retek Inc., in a sign of what is expected to become increasingly intense competition between the two software giants. Retek, a ...
Oracle is determined to buy application developer Retek from under SAP's nose because it is worried that the German firm could rewrite Retek's applications and make them less friendly for Oracle ...
SAP AG today showed its determination to hold on to buyout target Retek Inc. by offering a new bid of $11 cash per share today, topping Oracle's Corp.'s offer by $2 per share.
As SAP and Oracle slug it out over acquiring Retek, a retail application software vendor, the real story is obviously not about who wins the prize but what’s inside the box. The answer is that ...
German company is trying to steal away customers rival Oracle captured in its winning bid for software maker Retek.
Retek's board on Feb. 28 recommended an $8.50-a-share offer from SAP. Retek, which provides software to more than 200 customers in the retail industry in more than 20 countries, had 2004 revenue ...
Business software makers Oracle Corp. and SAP intensified their takeover tug-of-war for retail software maker Retek Inc. on Thursday as they progressively raised the stakes with higher bids ...
Oracle has taken control of the retail software maker after 83 percent of shareholders tendered outstanding stock.
When Ladwig joined, Retek's performance was robust, with revenues rising and the company's stock in the high $20s a share. But in mid-2002, Retek's price plunged well into single digits ...
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