The waiting game

Callaghan, Dennis
November 2004
eWeek;11/1/2004, Vol. 21 Issue 44, p22
The article reports on suspended plans of former J.D. Edwards & Co. customers due to the much awaited acquisition of PeopleSoft Inc. by Oracle Corp. Customers put new development plans on hold to see where they'll end up remaining PeopleSoft customers, becoming Oracle customers or becoming customers of another software company, should Oracle choose to spin off the old J.D. Edwards business to a third party. Publicly, Oracle has committed to supporting all PeopleSoft applications, including the former J.D. Edwards product lines, for at least 10 years if it succeeds in acquiring PeopleSoft. An Oracle spokesperson maintained that position last week. But since Oracle, of Redwood Shores, California, announced its plan to buy People- Soft, of Pleasanton, California, in June 2003, industry watchers have speculated that the former J.D. Edwards customer base, the majority of which is on IBM's DB2 database, could get spun off elsewhere. Previous media reports indicated that Chicago, Illinois, based SSA Global Technologies Inc. is a likely suitor for the former J.D. Edwards business.


Related Articles

  • 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...

  • ROI in Jeopardy.  // PM Network;Oct2003, Vol. 17 Issue 10, p8 

    Reports on issues related to mergers and acquisitions in the computer industry in the U.S. as of October 2003. Takeover attempts of PeopleSoft by Oracle; Acquisition of J.D. Edwards & Co. proposed by PeopleSoft.

  • 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: new obstacles for Oracle.  // MarketWatch: Global Round-up;September 2003, Vol. 2 Issue 9, p138 

    Reports on enterprise software company PeopleSoft Inc.'s acquisition of majority control of JD Edwards & Co. Inc. and expects to integrate the company into its operations before the end of August 2003. Oracle Corp.'s declaration of its intent to acquire PeopleSoft whether its management likes it...

  • 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...

  • Ellison is right. Taschek, John // eWeek;6/30/2003, Vol. 20 Issue 26, p72 

    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...


Read the Article


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

Try another library?
Sign out of this library

Other Topics