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ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreOracle faces tough work after long fight
Stan Beer
Thursday, 16 December 2004 16:00
In comment on the Oracle-PeopleSoft deal, SiliconValley.com says after a bruising fight to buy PeopleSoft, Oracle faces even more gruelling work to make sure its $US10.3 billion prize pays off.
Most corporate mergers encounter turbulence, but SV.com says Oracle's shotgun marriage with People Soft promised to be especially stormy as the deep-rooted enmity between the two longtime rivals compounds the difficulties that typically arise when different software products are cobbled together. And, to make matters worse, Oracle must try and win over thousands of PeopleSoft customers that rallied against the takeover attempt almost as soon as the saga began 18 months ago.
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