Siebel Has Problems and Will Oracle Buy It?

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Siebel Has Problems and Will Oracle Buy It?

Advisor
Posted May 2, 2005 in Data Analytics & Digital Technologies



Customer relationship management (CRM) vendor Siebel Systems, Inc., has been hit with a number of setbacks recently, ranging from poor sales to replacement of its CEO by angry investors. Now, Siebel is facing additional pressure due to speculation that it is about to be acquired. Specifically, rumor has it that the company is in talks with Oracle Corporation regarding a possible merger.