Retek

Oracle told the subcommittee that it added 4,440 jobs over 2005, "which reflects less than half the number of jobs brought to Oracle by Retek and PeopleSoft," the report noted, indicating "that, after acquiring the two companies, Oracle actually eliminated thousands of jobs previously held by U.S. workers."

Senator Disputes Oracle's Claim About New Jobs Kristina Peterson 2011

The technology company also said it increased employment at Retek by 50%.

Senator Disputes Oracle's Claim About New Jobs Kristina Peterson 2011

However, in its explanation given for the subcommittee's survey, Oracle said it used the repatriated funds to outbid SAP AG to acquire Retek Inc., a Minnesota-based retail software and services provider that had 531 jobs before being acquired.

Senator Disputes Oracle's Claim About New Jobs Kristina Peterson 2011

In its response to the panel, Oracle had noted that SAP stated publicly it intended to move Retek's development jobs and intellectual property to Germany, so its acquisition kept those jobs in Minnesota and Georgia.

Senator Disputes Oracle's Claim About New Jobs Kristina Peterson 2011

CIO at Abercrombie & Fitch Co. in New Albany, Ohio, earlier this year bought retail-oriented software from Oracle that originated from Retek and Hyperion.

As Software Firms Merge, Synergy Is Elusive 2007

It is also not clear Oracle's recent acquisitions of PeopleSoft, JD Edwards, Retek, and Siebel at a cost of $19 billion is doing much to boost the company's bottom line as Oracle continues to lose market share to SAP.

Oracle -- Could Slow and Steady Win the Race? 2006

Second was a "buy and integrate" project to implement Retek and E3.

Boing Boing Cory Doctorow 2011

The Retek effort dramatically hurt the Walden chain, the only business unit that was managed by the system.

Boing Boing Cory Doctorow 2011

In 2006, Franklin Street acquired the Retek on the Mall building at 50 South Tenth Street in Minneapolis from Ryan for $127 million.

National Business News - Local Business News | bizjournals 2010

In 2006, Franklin Street acquired the Retek on the Mall building at 50 South Tenth Street in Minneapolis from Ryan for $127 million.

Dallas Business News - Local Dallas News | Dallas Business Journal 2010