PeopleSoft Goes To Oracle 216
codecool writes "It is final. Peoplesoft's Board of directors finally relented and agreed to let Oracle have them for $26.50 per share. Finally, it all comes to an end." Closing date is set for mid-January timeframe.
Comment removed (Score:5, Interesting)
Finally it happens (Score:1, Interesting)
many mergers/acquistions in the news today (Score:4, Interesting)
Peoplesoft-Oracle.
JnJ- Guidant
Sprint-Nextel
Honeywell-Novar
London Stock Exchange- Deutsche Boerse
Lots of mergers/acquistions going on. Good for companies who want less competition. Bad for consumers.
Competition (Score:3, Interesting)
Without competition, then there is no reason to get better and what sets the price.
incorrect economic analysis. (Score:2, Interesting)
you are thinking of horizontal mergers. with the exception of JnJ- Guidant, and Sprint-Nextel (which i know little about), none of those listed are horizontal.
Indeed... (Score:4, Interesting)
When i worked for Oracle - even the most basic project was a 2-5 million dollar project and that was before montly/yearly support plans and extended consulting fees.
There is money to be made, but also technology to be learned from. Peoplesoft has its HR roots and JD Edwards has its MRP/Manufacturing roots that oracle could learn tons from.
What about the poison pill? (Score:4, Interesting)
open source (Score:3, Interesting)
Maybe your company and a bunch of other companies should get together and start working on an open source version of PeopleSoft's software. The good thing is that you don't have any legacy headaches and that you have great tools to work with.
So, what happens to the Peoplesoft-IBM Alliance? (Score:3, Interesting)
I'm also wondering, long-term, about support from Oracle for Peoplsoft on platforms other than Oracle. Will Oracle support Peoplesoft on Oracle, Oracle, and Oracle? My understanding that most Peoplesoft implementations were historically SQL Server with the new preferred platform being DB2. if that changes again it'd be BIG headaches for DB2 customers...
Re:Total value... (Score:5, Interesting)
Re:Competition (Score:3, Interesting)
You are. Oracle doesn't just make database software. Peoplesoft, SAP and Oracle make applications that run the back-office of many corporations (HR, Payroll, Accouting, Purchasing, etc.) This merger between Oracle and PeopleSoft impacts that applications. There are PeopleSoft applications that run on DB2, Oracle, Sybase and SQL Server. My guess is that at some point, Oracle will probably try to migrate all of the DB2, Sybase and SQL server customers to Oracle databases.
Re:open source (Score:3, Interesting)
The point is that you are in the business of maximizing the returns for your stockholders, not trying to punish the stockholders of your competitors. If you can increase the profitability of the entire sector by 20%, you have done a better job then if you increase your market share by 10%.
So yes, your competitors get reap the rewards of your work, but because you released it under the GPL, you will get paid back by reaping the rewards of their additions, modifications, and bugfixes. As has been seen by many companies, the advantage of having the in-house knowledge and the software developed around your needs, more than compensates you for the extra expense of having the started it.
That everybody else benefits as well does not dilute your benefit. Stockholders are not paid in percentage points!
Re:Refunds??? (Score:3, Interesting)
So, poison pills are OK, but labor unions are not.
Guess it depends on whos job is threatened.
Remember PepsiCo & Kentucky Fried Chicken??? (Score:4, Interesting)
The match is a good one, and I think that both the customers and the companies will benefit.
Oracle is in the business of selling Relational Databases [RDBs]. Unfortunately, with competition from DB2/Informix, SQLServer, Sybase, Ingres, MySQL, Postgres, and a myriad of tiny little database vendors you've never heard of [Progress/ObjectStore, Intersystems/Cache, Versant/POET, Objectivity, etc], the database end of things is rapidly becoming little more than a commodity.
Increasingly, the profit is in the middleware & the front ends, where the business logic and the "schema" reside. Oracle is rather weak in those areas, hence its desire to subsume whatever logic/schema template vendors [and customer bases married to those templates] that it can get its grubby little hands on.
The problem is that most of Oracle's channel is pursuing the very same market, so that Oracle has, in effect, declared war on its own channel. And the road to business hell is paved with the skeletons of enterprises that thought they could screw the channel and get away with it.
Ever wonder why you can only order a Coca-Cola in a restaurant? Ie: Why is it that you can never find Pepsi products when you go out to eat? Setting aside the fact that Coke might have a better sales staff, a better management team, and a better product at a better price, the reason is that PepsiCo declared war on their channel when they purchased Kentucky Fried Chicken, Taco Bell, and Pizza Hut.
And you know what the channel - from the little Mom-n-Pop restaurants down the street, all the way to the global oligopolies, like McDonald's & Burger King - had to say in response?
SCREW YOU, PEPSICO!!!
Larry Ellison, you have been forewarned...
Re:incorrect economic analysis. (Score:3, Interesting)
Re:Refunds??? (Score:3, Interesting)