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On January 31, 2006, shareholders of Siebel Systems Inc. will vote for approving the company’s acquisition by Oracle Corp. In September 2005, Oracle and Siebel agreed to the transfer for a sum of $ 5.85 billion. The deal, which is expected to be completed by the first quarter of 2006, has been approved by the U.S Department of Justice and the European Commission. Oracle has set a target of a 20% increase in profitability; this could result in layoffs for the 5000-strong employee force of Siebel Systems.