"Oracle beats SAP to buy Retek"
Oracle won Retek bidding war. Here they are news.
- silicon.com Oracle snaps up Retek
- reuters.com Oracle beats SAP to buy Retek for $631 mln
- theregister.co.uk Oracle wins Retek bidding war
- chinapost.com
Oracle wins bidding war for Retek, beating out Germany's SAP - bloomberg.com Retek Accepts Oracle's Buyout Offer After Bidding War
Here it is an article by Alorie Gilbert about bidding war between SAP and Oracle for Retek: Why are Oracle and SAP fighting over Retek?
“For SAP, it's a shot in the arm to boost their position in the market and take out a competitor,” Coleman said. “It was a 'nice to have' for SAP, not a 'must have.' It's a 'must have' for Oracle.”(software.silicon.com)
And here it is the Oracle Press Release. ORACLE ANNOUNCES ACQUISITION OF RETEK - SAP Drops Out of Bidding
So my friend has been a former Retek employee and a new Oracle employee…
November 15th, 2007 at 10:11 am
[...] As far as I know Best Buy is using Retek as retail software, and we know that Retek was acquired by Oracle two years ago. Check out “Oracle beats SAP to buy Retek“. It’s known that SAP’s big and the most aggressive competitor is Oracle. So the question is “Will Best Buy replace Retek with SAP Retail?” If yes what a big attack from SAP. [...]