Oracle-PeopleSoft Saga: A Market Ripple Effect

October 4, 2004

Analysis -- The stars are aligning for Oracle's acquisition plans for PeopleSoft, but analysts say customers need to set their compasses to watch all the players in enterprise software applications if the deal goes through.

Two obstacles cleared out of the database software giant's path to PeopleSoft (Quote, Chart) Friday. The U.S. Department of Justice said it would not appeal a ruling on its antitrust case and in a surprise move, PeopleSoft's Board of Directors fired CEO Craig Conway and replaced him with company founder and chairman Dave Duffield.

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