PeopleSoft on Friday announced that investors have tendered 88 percent of J.D. Edwards shares, but closure of the US$1.8 billion merger will be delayed by a month.
An executive exodus at PeopleSoft has some outside experts worried that Oracle's hostile buyout bid, coupled with a difficult sales climate, has taken a bigger toll than the software maker is letting on.
"Henning Kagermann [SAP chief executive] talking about flexibility and adaptability is like [former French prime minister] Francois Mitterand talking about having a deep affection for American tourists. It's not true. Just because they say it's true doesn't make it true."
PeopleSoft casts aspersions on the flexibility and adaptability of its competitor, SAP. The bombastic rhetoric is a side show, however. The issue for enterprises is which vendor can provide the most reliable, cost-effective solutions.
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