Oracle to close Siebel deal tomorrow, users await product integration

Oracle is expected to formally close its acquisition of Siebel Systems tomorrow (31 January) following a Siebel shareholders meeting.

Oracle is expected to formally close its acquisition of Siebel Systems tomorrow (31 January) following a Siebel shareholders meeting.

Siebel users will be waiting to see what integration plans Oracle has in store for the Siebel family of products, once the deal is finally given approval.

Shareholders are expected to roundly endorse the $5.85bn (£3.45bn) takeover, which has already been approved by regulatory bodies in both the US and Europe, since the acquisition was announced in September 2005.

Oracle wants to use Siebel to become the biggest supplier in customer relationship management (CRM) software.

Oracle is still busy integrating the PeopleSoft and JD Edwards business applications businesses after buying them for over $10bn in the PeopleSoft takeover over a year ago.

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