Advertisment

Oracle hangs on to PeopleSoft hope

author-image
CIOL Bureau
New Update

BANGALORE: Oracle may not have been successful in jeopardizing the PeopleSoft-J.D Edwards merger, but it’s holding on to the hope of realizing its PeopleSoft bid. It has invited PeopleSoft shareholders for a meeting on Sep 3, for the second time, despite Peoplesoft CEO, Craig Conway in an interview with News.com, reiterating that the "Oracle saga is over".



Although Oracle had reassured PeopleSoft customers in the previous meeting with PeopleSoft shareholders, that they will stand by them and will continue the PeopleSoft product line, it remained non-commital about the future projects of PeopleSoft. "We will evaluate all projects that are currently in various stages of development. Our expectation is that we will meet with PeopleSoft customer user groups to discuss and prioritize these activities," says Oracle.



Another gray area is support for PeopleSoft customers who are currently running IBM DB2, Microsoft SQL Server or other relational databases. "We would work with other database vendors to provide world-class support to PeopleSoft customers. We expect to continue supporting those database technologies that PeopleSoft does today", assures Oracle.



Conway claims that the Oracle campaign to buy PeopleSoft, has died a rapid death, after the successful acquisition of J.D Edwards. Why does Oracle tenaciously hang on to the PeopleSoft bid? Is there something to it more than a war of personalities — with Craig Conway pitted against his ex-employer, the unpredictable Larry Ellison? For all his flamboyant ways, Ellison is credited with a sharp business sense. Will he be able to convince PeopleSoft shareholders that their interests will be better addressed by Oracle?



 

Read other CIOL stories on the Oracle-PeopleSoft saga

 PeopleSoft mounts charges against Oracle - August 13, 2003



Oracle's bid for PeopleSoft up by $1 b - July 25, 2003



PeopleSoft-J.D. Edwards deal cleared - July 15, 2003



Hearing on PeopleSoft case delayed - July 2, 2003



Oracle hints at higher bid for PeopleSoft - June 25, 2003



Oracle's bid may get green signal - June 23, 2003



PeopleSoft rejects Oracle’s $6.3 b bid - June 21, 2003



Oracle raises PeopleSoft bid to $6.3 b - June 18, 2003



Raise the bid: PeopleSoft shareholders - June 17, 2003



PeopleSoft offers cash for J.D Edwards - June 16, 2003



J.D Edwards sues Oracle - June 13, 2003



PeopleSoft drops suit threat, says Oracle - June 11, 2003



Oracle pushes for PeopleSoft, amid criticism - June 10, 2003



PeopleSoft denounces Oracle's bid - June 9, 2003



Larry Ellison lambastes Peoplesoft - July 7, 2003



Oracle bids to buy PeopleSoft - June 6, 2003

tech-news