Oracle, PeopleSoft to Merge in $10.3B Deal

” SAN FRANCISCO – Ending 18 months of bad blood, Oracle Corp. raised its takeover bid for bitter rival PeopleSoft Inc. by 10 percent to seal a $10.3 billion deal that will create the world’s second largest maker of business applications software.”

Wow, this has been a long time coming. Now we’ll see if this is good for competition or if another behemoth has been created, one so large that it does not have to listen to customer complaints and crtitcism.

(Visited 27 times, 1 visits today)

There are no comments

Join The Conversation

Your email address will not be published. Required fields are marked *

Please enter an e-mail address

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You may also like