PeopleSoft's future hard to predict
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The tea leaves on Oracle's takeover plans for PeopleSoft have never been harder to read than they are right now.
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A strategic update on the software giant's business is due Thursday, but analysts aren't expecting a repeat ofv surprises dished up last year.
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The battle for who will ultimately control business software maker PeopleSoft (Nasdaq: PSFT) is reaching a fever pitch not seen since the red state-blue state smackdown from earlier this month.
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SAN FRANCISCO -- PeopleSoft Inc. is trying to create a party-like atmosphere at its annual customer conference, but this week's gathering may feel more like a wake with rival Oracle Corp.'s $7.7 billion takeover bid looming larger than ever.
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It may be one of the software industry&#39;s largest acquisitions to date, but Oracle expects to work out its merger plans with PeopleSoft by the end of the year and will &quot;hit
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PeopleSoft's board turns down Oracle's "best and final" offer. But the database software giant is still on the prowl.
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One year ago at PeopleSoft Inc.'s Connect user conference, Chief Executive Officer Craig Conway took the stage to assure several thousand PeopleSoft customers that Oracle Corp.'s then three-month-old bid for control of PeopleSoft had failed. When he stands before the crowd at this year's Connect gathering later this month, he'll have a harder time making the case that Oracle's lingering campaign isn't harming PeopleSoft.
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There may be too much doubt surrounding the big IPO.
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Opinion: In replacing fired CEO Craig Conway, PeopleSoft founder Dave Duffield may prove to be the only one who can save his company from an Oracle takeover.
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Unless a Delaware judge clears the way for Oracle Corp. to buy PeopleSoft Inc. in the next few weeks, the Pleasanton firm&#39;s shareholders will have the final say about their company&#39;s fate on March 25.
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Oracle Corp.&#39;s newfound control of PeopleSoft won&#39;t result in vast improvements to the E-Business Suite, according to analysts, but it could result in long-term benefits for users of both application suites.
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After 18 months of rancor, Oracle makes PeopleSoft an offer it can't refuse.  Also: IBM, AMD find ways to boost the performance of silicon chips & hellip;.  Survey ranks the most IT savvy countries; U.S. slips to 7th place & hellip;. and more.
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Oracle Corp can celebrate a ruling by a US judge that it can take over archrival PeopleSoft Inc, but analysts say the world&#39;s second biggest software maker has a battery of other barriers to overcome before a deal is clinched.
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The research firm says the new CEO, PeopleSoft founder Dave Duffield, could rally the forces. By Laurie Sullivan. There&#39;s plenty of speculation about PeopleSoft Inc.
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BOLSTERED by investors, Oracle appears set to complete its long-sought takeover of PeopleSoft, unless its rival proves it is worth more than the $US9.2 billion ($11.7 billion) bid currently on the table.
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After 18 months of playing hard to get, business software maker PeopleSoft (Nasdaq: PSFT) finally decided yesterday to glam itself up in the hope that suitor Oracle (Nasdaq: ORCL) might give it one more look.
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At its user conference yesterday, Oracle continued to send out mixed messages about how it will support PeopleSoft products if it succeeds in its $9.2bn (Â£4.8bn) takeover bid for its rival.