I finally believe the rumor after receiving the e-mail from CEO George Shaheen that Oracle will acquire Siebel Systems for $5.85B this morning. Over the past two years, I hear too many rumors about the buy out but today was the last rumor at Siebel. This will be the second aquisition of the companies I work for. First it was UpShot and now Siebel Systems. Now BridgePointe campus will have a big Oracle sign.
I think this is a good thing because Siebel has a kick ass CRM OnDemand service that is far superior than SFDC.