Oracle received a second request for more information from the U.S. Department of Justice on Monday, as federal regulators formally investigate its hostile bid for PeopleSoft for possible antitrust issues.
PeopleSoft has formally filed notice of its plans to acquire J.D. Edwards with the Federal Trade Commission and the Department of Justice, despite itself being the target of an Oracle takeover bid.
US Federal regulators said on Monday that the pending merger of PeopleSoft and J.D. Edwards is not anticompetitive, clearing the way for the friendly US$1.7 billion deal and frustrating Oracle's desire to acquire PeopleSoft in a separate, hostile takeover bid.
Oracle's hostile takeover of PeopleSoft sets the stage for a slugfest in the enterprise apps space but where does this leave Mr Customer?
PeopleSoft and J.D. Edwards have changed the terms of their US$1.7 billion merger, switching from an all-stock deal to a stock-and-cash transaction.
The software maker files plans to take over rival J.D. Edwards with the Justice Department and the Federal Trade Commission, despite being the target of an Oracle buyout bid.
Oracle's hostile takeover of PeopleSoft sets the stage for a slugfest in the enterprise apps space but where does this leave Mr Customer?
Oracle has severely understated the complexity of migrating PeopleSoft customers, and this could leave customers in a tough spot, says Meta Group.
Oracle on Friday announced a surprise US$5.1 billion takeover bid for enterprise software maker PeopleSoft, only a few days after PeopleSoft said it was acquiring rival J.D. Edwards for $1.7 billion.
The Intentia Australia managing director shares his views on the state of enterprise-class software businesses in this region.
"Open to new ideas. Plays well with others."
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