TITLE

Ellison is right

AUTHOR(S)
Taschek, John
PUB. DATE
June 2003
SOURCE
eWeek;6/30/2003, Vol. 20 Issue 26, p72
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Oracle Corp.'s hostile takeover bid for PeopleSoft Inc., which came on the heels of PeopleSoft's bid for J.D. Edwards & Co. J.D. Edwards chief executive officer Bob Dutkowsky says a takeover would stifle competition and limit choice. While enjoyable for its melodramatic content, the play of egos and hyperbole is almost certain to derail Oracle's acquisition. PeopleSoft and J.D. Edwards have accused Oracle of bad behavior. PeopleSoft has made many more acquisitions than Oracle. In general, PeopleSoft's products are better than Oracle's, especially its human resource applications. PeopleSoft's consumer relation management products are better, too, although Oracle has narrowed the gap with Version 11i. Oracle and PeopleSoft together would be a powerful combination.
ACCESSION #
10133666

 

Related Articles

  • Lackluster Sales Spur Industry Consolidation. Seewald, Nancy // Chemical Week;7/23/2003, Vol. 165 Issue 26, p17 

    Focuses on factors that contributed to the consolidation activities of leading computer vendors. Approval of the U.S. Department of Justice to the plan of PeopleSoft in Pleasanton, California, to acquire J. D. Edwards in Denver, Colorado; Benefits from a PeopleSoft acquisition, according to...

  • Surprising Controversy For PeopleSoft/J.D. Edwards. Tunick, Britt Erica // Investment Dealers' Digest;1/19/2004, Vol. 70 Issue 3, p60 

    Reports on the merger between PeopleSoft Inc. and J.D. Edwards & Co. Impact of the merger on Oracle Corp., provider of enterprise application software in the United States; Background on PeopleSoft's acquisition of J.D. Edwards; Handling of PeopleSoft's deal by Citigroup; Morgan Stanley's...

  • Oracle faces decision. Ferguson, Renee Boucher // eWeek;7/7/2003, Vol. 20 Issue 27, p9 

    Oracle Corp. is feeling pressure in its quest for PeopleSoft Inc. Late last week of June 2003, sources confirmed that 15 states have formed a working group to look at the antitrust issues involved in the proposed takeover. Oracle pledged cooperation with the DOJ, but the company also said that...

  • Oracle reaches out to JDE users. Callaghan, Dennis; Fonseca, Brian // eWeek;12/20/2004, Vol. 21 Issue 51, p14 

    This article reports that shortly after announcing its $10.3 billion acquisition of PeopleSoft Inc. last week, Oracle Corp. wasted no time in setting out to win the confidence of former J.D. Edwards & Co. customers who have spent the past year transitioning to PeopleSoft and now will have to...

  • PeopleSoft: beating back Oracle.  // MarketWatch: Technology;August 2003, Vol. 2 Issue 8, p8 

    Reports on the barrier to the hostile takeover bid of Oracle Corp. for PeopleSoft Inc. Improvement in the financial performance of PeopleSoft Inc. with the customer insurance program; Refund to the purchase price of the computer software; Merger negotiation of PeopleSoft Inc. with JD Edwards &...

  • Oracle pulls PeopleSoft shocker. McCright, John S.; Callaghan, Dennis // eWeek;6/9/2003, Vol. 20 Issue 23, p1 

    Concluding a week of consolidation in the enterprise applications sector, Oracle Corp. offered $5.1 billion for acquisition of PeopleSoft Inc. The proposed takeover, coupled with PeopleSoft's planned acquisition of J.D. Edwards & Co. would create a $5.5 billion business and capture 27 percent of...

  • ERP vendors play acquisition game.  // Network World;6/9/2003, Vol. 20 Issue 23, p17 

    Reports on merger-and-acquisition activity in the enterprise resource planning (ERP) software market, as of June 9, 2003. Oracle Corp.'s announcement of its intention to acquire PeopleSoft via a hostile takeover bid; Invensys' sale of its Baan division to an investment group that plans to merge...

  • Caught in the ERP smackdown. Greengard, Samuel // Workforce (10928332);Jul2003, Vol. 82 Issue 7, p19 

    Discusses the battle between Oracle Corp. and PeopleSoft Inc. Appeal of merger for PeopleSoft and J.D. Edwards; Reason of Oracle Corp. for its hostile offer for People Soft; Lawsuit filed by the state of Connecticut against Oracle Corp. INSET: VERBATIM.

  • Bid battle breaks out for PeopleSoft.  // Accountancy;Jul2003, Vol. 132 Issue 1319, p69 

    The article reports that a bid battle has broken out for PeopleSoft Inc. just days after the company announced it was buying rival JD Edwards and Co. Inc. Oracle Corp said it would offer $16 cash for each PeopleSoft share. PeopleSoft immediately rejected the offer, saying that Oracle would...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics