Stories about: Retek

A former vice president of Oracle agreed on Monday to settle U.S. federal charges and pay US$198,000 for allegedly making stock market profits by using insider information he learned from his wife.

Oracle has gotten off to a "very strong start" with its support program for users of Red Hat's Enterprise Linux, according to Oracle CEO Larry Ellison.

Oracle is positioning itself to try and attract more small to midsize businesses (SMB) as well as customers that have specific industry requirements and those with particular governance or compliance needs.

When it comes to Oracle's on-demand software business, the normally outspoken vendor has tended to be somewhat reticent about how it defines both the scope and focus of its operation. Recently, however, the company has begun to talk more openly about software-as-a-service (SaaS), an approach that it sees as applicable to all Oracle offerings.

Oracle has shipped a new version of Portal's billing and revenue management software after winning a hard-fought battle to acquire Portal earlier this year.

As Oracle's senior vice president of applications development, John Wookey oversees the continued development of the company's existing business application lines -- including the Oracle E-Business Suite, PeopleSoft Enterprise and J.D. Edwards' EnterpriseOne and World applications. Wookey also is charged with crafting the company's next-generation set of applications, Fusion. He spoke recently with Computerworld in a wide-ranging discussion about both Fusion and current application development.

Business software vendor SAP plans to intensify its efforts to win over users of rival applications from Oracle, an SAP executive said.

Over the past few years Oracle has purchased several application software manufacturers, including Siebel, Retek, ProfitLogic and PeopleSoft (plus JD Edwards). Following its acquisition binge, Oracle has announced that all its current application software will be migrated to a new platform, Fusion, that will be introduced in late 2007.

Oracle's fiscal fourth-quarter results are set to top expectations, led by a surge in revenue from new software licenses, the company said Thursday.

Oracle looks to extend the capabilities of its CRM (customer relationship management) software through the purchase of Telephony@Work, which the acquisition-hungry vendor announced Tuesday.

Oracle is to acquire yet another business applications vendor, this time scooping up supply chain management company Demantra for an undisclosed sum, Oracle announced Thursday.