PeopleSoft took its buyout battle to customers Monday, sending clients a letter seeking their support in fighting a proposed takeover by Oracle.
PeopleSoft CEO Craig Conway in a speech on Thursday talked up enterprise software and made only a veiled reference to a rival's hostile bid for his company.
The fate of staff at Peoplesoft and J.D. Edwards' Asia-Pacific operations following the recent merger of the two companies won't be known until next month.
PeopleSoft has amended a lawsuit against Oracle that charges its rival's unwelcome acquisition bid was mainly designed to disrupt its business.
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?
Lured by the promise of personal attention every bit as good as that lavished on bigger customers, John Matelski decided seven years ago to buy a US$1.7 million accounting system from J.D. Edwards for the City of Orlando, Fla.
Fuelled by Oracle's acquisition of Siebel Systems, Silicon Valley once again asks itself if megamergers are good for the industry.
As early as spring last year, Oracle considered Lawson Software and J.D. Edwards as acquisition targets, according to a videotaped deposition of Oracle's chief financial officer.
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.
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