ZDNet Asia Top Tech 50 Siebel Systems www.siebel.com

Investors were once sour about the company, as profits and sales dipped considerably in recent years. Industry analysts were also critical of CEO George Shaheen's ability to help Siebel regain its footing.

Most detractors of Siebel thought the company's problems ran deeper than what a corporate makeover could resolve. Siebel's reorganization plan included shaving off costs, restructuring Siebel's sales organization, making strategic acquisitions, and aggressively exploiting new market opportunities.

Siebel's revenues have been doubling almost every year, and Siebel is the leader in customer relationship management software (CRM), according to IDC.

According to Siebel's Web site, the company has consistently operated a cash-positive business since 1995. Today, Siebel has more than US$2.2 billion in cash and no debt.

However, after months of takeover rumors, Oracle's interests were confirmed on Sept 12 when it announced plans to acquire Siebel for US$5.8 billion.

This company is listed in Business Applications.

Financials

Fiscal year-end Dec	FY05	FY04	FY03	FY02	FY01
Global full-year revenue (US$millions)	—	1,340.0	1,354.0	1,635.0	2,085.0
Global full-year net income (US$millions)	—	111.0	5.2	38.8	251.5

Average year-on-year revenue growth over 4 years	-13.3 %
Average year-on-year net income growth over 4 years	621.1 %
Percentage of revenue from Asia	6.0 %
Percentage of Asian revenues from channel	—

Operations:

Founded	United States/1993
First Asian office	1995
Global employees	5,000
Employees in Asia	—
Asian countries: Total 6	China, Hong Kong, India, Singapore, Taiwan, Thailand
Notes	Data correct as at September 2005. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites, and Hoover's. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

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