On Tuesday, the shareholders of Siebel Systems approved a $5.85 billion takeover by Oracle, a one-time competitor, Reuters reports. The move will give Oracle a larger share of the market for customer relationship software, and in turn, more traction in its effort to level the playing field with business software industry leader SAP of Germany.The shareholders approved the September deal almost unanimously via a Webcast.Over the past two years, Oracle has been no slouch in the buyout game. In that time alone, the company spent roughly $19 billion scooping up its rivals in a bid to secure its place in the maturing business software industry. Oracle plans to hold a meeting to discuss the deal’s financial details on Feb. 9.-Al Sacco Related content feature 8 change management questions every IT leader must answer Designed to speed adoption and achieve business outcomes, change management hasn’t historically been a strength of IT orgs. It’s time to flip that script by asking hard questions to hone change strategies. By Stephanie Overby Nov 30, 2023 10 mins Change Management Change Management IT Operations feature CIO Darlene Taylor’s formula for success: Listen, drive, care This Motor City CIO says building and maintaining credibility starts with an empathy-driven approach, which has the potential to render you highly appealing to top talent. By Michael Bertha Nov 30, 2023 6 mins Automotive Industry IT Leadership news MENA IT Spending to Grow 4% in 2024 By Andrea Benito Nov 30, 2023 2 mins Artificial Intelligence brandpost Sponsored by Huawei 400G: Building bandwidth for the next lap By Jane Chan Nov 30, 2023 5 mins Networking Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe