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[News] Another Hostile Oracle Takeover

Oracle to acquire Stellent

,----[ Quote ]
| Stellent, Inc., a global provider of content
| management solutions, today announced a definitive agreement for
| Oracle to acquire Stellent through a cash tender offer for $13.50
| per share, or approximately $440 million.
`----

http://www.stellent.com/en/news/releases/corporate/P88013200

PJ's comment: In case you didn't catch the significance, that is the world's
largest collection of quality file conversion filters and associated
applications changing hands, filters broadly incorporated throughout the
proprietary software industry.

My comment: So they buy their competitors, undermine their Open Source
competitors by acquiring (eliminating) companies they depend on, as well as
steal business using someone else's (rebranded) code. What a nice and
ethical company.

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