[
From internetnews.com]
One year ago, PeopleSoft (Quote, Chart) was happily preparing
for
its acquisition of J.D. Edwards, when Oracle (Quote, Chart) dropped a
bombshell in the form of a hostile takeover.
The year that followed highlights just how the two companies and the
two
men that run them are struggling with the changing market for enterprise
software.
Now, Oracle is days away from defending itself against the U.S.
government's anti-trust lawsuit that looks to prevent the $7.7 billion
hostile takeover from happening. Even if the Redwood Shores,
Calif.-based
database giant survives the legal battle, it may still face European
regulators and a nasty proxy war from PeopleSoft shareholders.
The article continues at
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