Oracle Corp. is working on an alternative pricing model for its newly acquired PeopleSoft products, which could mean lower prices for PeopleSoft users. The new pricing model is to be offered in addition to the existing PeopleSoft model and will be similar to the Oracle E-Business Suite pricing scheme, according to Jacqueline Woods, vice president for global pricing and licensing strategy at Oracle.
PeopleSoft Inc. has decided to offer a customer assurance program which would guarantee a refund of up to five times the purchase price of all PeopleSoft software, should the company be acquired.