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Monday, February 06, 2006

Oracle completes Siebel buy

"Oracle Corp. completed its acquisition of Siebel Systems Inc., the company announced today.

Purchasing Siebel should expand the Redwood Shores, Calif., company's ability to provide enterprise resource planning solutions, industry experts said.

Siebel provides customer relationship management solutions for customers such as the Wisconsin Department of Employee Trust Funds, Union Pacific Railroad and The Bank of New York Company Inc. "

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