Siebel Quotes

(Siebel is celebrating its triumph over the SEC.) This was a win not only for Siebel but for all public companies trying to do the right thing, ... We contested the SEC`s claims in order to exonerate the company and its executives and to bring clarity to an important issue that was mishandled by the regulators.

It is clear, based on the Court`s ruling today, that Siebel Systems did not violate the spirit or letter of Regulation FD. We contested the SEC`s claims in order to exonerate the company and its executives and to bring clarity to an important issue that was mishandled by the regulators. This was a win not only for Siebel but for all public companies trying to do the right thing.

We will retain... Siebel`s product development and product sales and marketing teams.

(IBM could be a loser in the deal. The company has a longstanding partnership with Siebel, hosting its on-demand software, which also runs on the DB2 database platform. IBM senior VP Steve Mills acknowledged in a conference call last week that Oracle won`t be warm to that arrangement, but IBM hasn`t said whether it will ditch its relationship with Siebel. Mills downplayed the impact on IBM, saying there are thousands of apps vendors looking to align themselves more closely with the company.) The ecosystem readjusts itself, ... For every action, there is a reaction.