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The judgment sheds light on the unrest inside the company, where a number of high-ranking executives have left following the appointment of Chen, who previously turned around the struggling software company Sybase.
In anticipation of Oracle's need for cash to complete the deal, Moody's downgraded the company's credit rating.In the end, shareholders will have to decide whether they want Oracle's cash or whether they trust the managements of PeopleSoft and J.D. Edwards to turn two struggling software firms into a force that is able to compete with Oracle and SAP, as well as Microsoft.
PAGE A12 Fight for Software Giant A billionaire from Texas plans to fight to take control of Computer Associates, the struggling software company.
Sam Wyly, a billionaire Texan, plans to begin a proxy fight today to take control of Computer Associates, the struggling software company.
As other contractors dropped out, CSC moved in, taking work over from Accenture and acquiring struggling software contractor iSoft.
Lernout & Hauspie Speech Products N.V., the struggling software firm, was granted a nine-month extension to its bankruptcy protection yesterday by a court in its hometown of Ieper, Belgium.
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Hodgson turned to this crude set-up after struggling with software typically used to make electronic dance music.
The struggling Canadian software maker Corel said yesterday that it had formed a strategic alliance with Microsoft and that Microsoft has bought $135 million worth of Corel's preferred shares.
Investors began to question the judgment of the company's chief executive, Allen Yurko, after he decided in June to spend $802 million to buy Baan N.V., a struggling Dutch software maker that has lost money and market value for nearly two years.
The struggling Canadian software house is now remaking its Java products into an enterprise oriented suite.
That's good news for struggling Canadian software maker Corel corl, which could be the next company to benefit from Linux mania when it releases its own version of the OS, Corel Linux, next month at the COMDEX trade show in Las Vegas.
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