Offers three options: extending PeopleSoft installations with Microsoft Web services technologies; moving PeopleSoft software to Windows and SQL Server from Unix and Oracle's database; and replacing PeopleSoft's ERP (enterprise resource planning) software with a competing product running on Windows.
While Oracle Corp. executives fielded anonymous questions from PeopleSoft Ltd. customers regarding the company's intentions towards PeopleSoft's products, support services and current employees, one analyst said what the company really wants is a graceful exit from the takeover saga.
Oracle Corp.'s aggressive bid for PeopleSoft Inc. is just the beginning of what may signal a new strategy for the company where it quickly gains ground in the slipping enterprise applications market by scooping up competitors, an Oracle executive hinted Wednesday.
Oracle Corp. is making a US$5.1 billion bid for enterprise software provider PeopleSoft Inc. in a move to increase earnings and enhance future versions of its eBusiness Suite, the company said Friday.