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From internetnews.com]
UPDATED: REDWOOD SHORES, Calif. -- After 18 months of merger on the
brain, Oracle is beginning its new life with PeopleSoft today.
The combined company is the second largest purveyor of enterprise
resource planning software (ERP) behind market leader SAP AG . The new Oracle is already aligning itself to compete
against IBM (Quote, Chart) and Microsoft (Quote, Chart). The
company has said it wants to concentrate first on traditional areas like
government, financial services and manufacturing with more to surely
follow.
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