The 18-month acquisition has finally ended. Yesterday, the software giant Oracle finally signed the acquisition agreement with the business software company Renco. After the merged Oracle will become the second largest business software manufacturer in the world, while Germany SAP is still firmly occupied. Oracle President, Larryelli-Son, published in the PRNewswire, said that Oracle has signed a decisive acquisition agreement to purchase $ 26.50 in $ 26.3 billion in total purchase. , Successfully acquired Renke, the agreement will be completed in early January next year. It is reported that the board of directors of both parties has recognized this acquisition agreement. Ellison said in the statement, "Because we will have more customers, the cooperation between the two sides will enhance our investment in the development and support services of the application software." In the statement, Oracle turned against Renke Customers and JDedward companies purchased in Renke have made guarantees, indicating that after the completion of the acquisition will continue to support the products of the two companies, but will continue to have a new version of the new version.
Georgebattle, Chairman, responsible for the acquisition, "Through careful consideration, we believe that Renke Software Company shareholders get a good acquisition price, and this also represents since October. The potential value of the potential value. "
"Oracle and Renke are typical. Industry leadership enterprises must be integrated with capital operations and resources. As a modern company must use two resources: capital operation and conversion business Mode to maintain its leadership. "The chief analyst of the general manager of IDC China received the" First Financial Daily "reporter to analyze the road," Microsoft supports Oracle acquisition of benevolence, and the maximum performance of your business interests. "When talking about a series of mergers and acquisitions, Xie Ji," In the next period, the integration of mergers and resources is a trend. But after two companies, there may be two consequences. One is passed The integration and rearrangement of resources, generate 1 1 equal to or greater than 2, resulting in pressure to competitors; and another possibility must also take into account: Different modes and corporate culture of both sides in the process of integration A adverse effect on the future of the new company. "
Last Friday, Renke stocks in the Nasdaq trading market, close to $ 23.95 per share. On Monday, Renke stocks rose 10% to reach $ 26.38 per share. Oracle stocks in the same period climbed 7% and $ 14.19 per share. Originally planned, Renke Company and Oracle also appeared in the US Darla Huadi Court on Monday, and heard the legal proceedings for Oracle. The outside world is expected to be the last barrier of this unfamiliar acquisition plan - discussing plans to avoid damage to the Shareholders of Renke. As everyone knows, when the two lawyers are still preparing for attending the court hearing, Elsen announced a shocking news, Oracle said that the success of the acquisition will increase the company's fourth quarter of the financial situation to increase the profit of approximately 1 cent In 2006, each fiscal quarter increased 2 cents per share, it is expected that the 2007 increase will increase.
