[NEW YORK TIMES] Raising Offer, Oracle Agrees to Buy PeopleSoft for $10.3 Billion

"Chump change"

 

Larry Ellison is Satan

 

I saw this, but it seems that Oracle is over paying, but if its "strategic", and helps them compete with SAP, then, I guess you can convince your board to do it...Acquisition/Development Actuals never meet initial projections...

 

PeopleSoft has long been Oracle's chief rival in ERP. I think Larry Ellison would have paid anything to acquire them.

 

Really SAP is their main rival. Their market standing swamps Peoplesoft's.

 

Man, that lady is one rich b****. She was cool but I hated that she got kill'd by the Smith-ster.

 

i piss 10.3 billion kilo's..oh wait wrong thread

 

True. I stated that PeopleSoft was Oracle's main ERP rival because their market shares were so close together. Both are way below SAP.

 

After PeopleSoft version 9 comes out next year. The next version after that will be an upgrade from PeopleSoft 9 to Oracle version whatever. The hoopla over the takeover will have died down by then. You're looking 2-3 years down the road before this happens.

The bigger question is...will PeopleSoft customers get decent customer service, or will PeopleSoft customers be serviced like inmates in an Istanbul prison? There are quite a few PeopleSoft customers going through upgrades as we speak that are wondering this out loud.

 

maybe they'll start giving microsoft some real competition.

or actually who am i kidding....they'll retain their database domain. and become microsoft-lite.

 

They are both bidding for our ERP package. Wonder what will happen now People soft are still presenting today and tomorrow.

Mark

 

I would wait a little while, if at all possible, to see how things shake out.

 

Hey, I am just a peon. I am one of the two to three hundered little people vote. The president, vps, provost will decide who to spend the 50-100 mil on.

Mark

 

I hear ya. Wait and watch. If the honchos at your firm were smart, they would delay their decision.