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.
PeopleSoft is earning guarded praise from customers of its latest acquisition, former rival J.D. Edwards.
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.
Business software maker PeopleSoft will acquire J.D. Edwards in a stock deal worth US$1.7 billion, the companies said Monday.
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.
What sets J D Edwards apart from the likes of Siebel and PeopleSoft? We speak with Ian Hodge, managing director Australia/New Zealand, about the future of business software and services.
Consolidation of Oracle's business applications into a single code base has passed the halfway mark, but the company's customers won't be forced into an upgrade before they're ready, Oracle executives promised an attentive crowd of more than 400 primarily JD Edwards users at this week's Quest '06 conference in Melbourne.
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