Oracle acquisition of PeopleSoft brings customers into focus
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Oracle&#39;s agreement to buy PeopleSoft for $26.50 per share, or approximately $10.3 billion, means a new era for users of PeopleSoft&#39;s enterprise applications.
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SEPTEMBER 20, 2004  - At PeopleSoft Inc.&#39;s Connect 2004 conference in San Francisco this week, the software vendor is expected to face questions from users about its ability to fend off Oracle Corp.
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SAP, the world's leading maker of business software, unveiled a program to woo customers of its rival PeopleSoft wary about future technical and maintenance support for PeopleSoft products now that the company has been taken over by Oracle.
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Nearly two-thirds of PeopleSoft customers &quot;not at all confident&quot; Oracle will integrate products, survey finds. Half of Oracle feel that way.
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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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InfoWorld - The great debate over the impact of Oracle's hostile takeover of PeopleSoft has all the big industry analyst organizations weighing in. However, in most of the analysis one group's opinion seems to have been overlooked: that of PeopleSoft users.
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It&#39;s been a heck of a week for the software industry. First there was Oracle&#39;s Dec. 13 long-sought-after deal to acquire rival PeopleSoft (PSFT ) for $10.3 billion.
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Strength in the software giant&#39;s mainstay product powered a healthy quarter. Weakness elsewhere shows why PeopleSoft is a target.
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PeopleSoft Inc. agreed to be bought by Oracle Corp. for $10.3 billion, giving up an 18-month battle that pitted PeopleSoft against its shareholders, drove away customers and led to the ouster of its chief executive.
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Under threat of hostile takeover, PeopleSoft offers freebies to customers that migrate to latest software release
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Oracle Corp.&#39;s takeover tug-of-war with rival business software maker PeopleSoft Inc. intensified Tuesday as two shareholders who own nearly 20 percent of PeopleSoft&#39;s stock indicated they are prepared to line up on opposite sides of the battle lines.
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Oracle&#39;s hostile takeover bid for PeopleSoft has sparked plenty of fireworks over the past 18 months. It also has highlighted a more subtle dilemma: Oracle&#39;s struggles to expand in a maturing software industry.
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Finally! After 18 months, PeopleSoft Inc. has agreed to be acquired by Oracle Corp. for $26.50 a share in cash, or around $10.3 billion, after rebuffing several offers and being taken to court for instituting a controversial takeover defense.
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The door is open for Oracle to win its bid for PeopleSoft, and for midmarket ERP vendors to increase their business. By Elena Malykhina.
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Oracle may be breathing fire down its neck with an ongoing hostile takeover effort, but PeopleSoft is trying to withstand the siege and stay independent. The business software company has struck a pact with IBM to woo customers and bolster its business, although there's plenty of debate over whether Big Blue will pull off a dramatic rescue.
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PeopleSoft wants its customers to get &quot;aggressive&quot; with software upgrades to increase efficiency and cost benefits. In the context of current corporate maneuvering in the enterprise-software world, the word takes on some extra flavor.
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An IBM-PeopleSoft Inc. middleware partnership shared the spotlight with Oracle&#39;s looming takeover threat at PeopleSoft&#39;s annual user conference today.