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Siebel makes software for handling customer relationship management, or CRM. Oracle said its acquisition will add 4,000 customers and 3.4 million CRM users. Oracle will offer $10.66 for each share of Siebel stock, a nearly 17 percent premium over the company's $9.13 closing price Friday.
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The auctioneer said it plans to pay $1.3 billion in cash and $1.3 billion in stock for the Web communications company. It would make a further payout of up to $1.5 billion by 2008 or 2009 if financial targets are met, giving the deal a total value of up to $4.1 billion, executives of the two companies said.
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The new Station-Shuttle Power Transfer System will mean as much as an extra 8 kilowatts of electricity for the orbiter. "It's enough so that you don't have to use up the oxygen supplies to feed the fuel cells," says NASA Johnson Space Center spokesperson Kylie Clem. The $68 million project will add to Boeing's $12.8 billion ISS contract.
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If enough storms erupt, the odds go up that there will be effects here. And the likelihood of Earth taking one directly on the chin goes up with each passing day as the sunspot takes aim. There is a 75 percent chance of more X-class flares each day through Tuesday, the SEC says. On Friday, a space radiation storm was captured in an image from the SOHO spacecraft, which monitors the Sun.