More Mega Mergers if Oracle Succeeds

July 1, 2004

[From internetnews.com]

SAN FRANCISCO -- If Oracle (Quote, Chart) succeeds in its quest to buy PeopleSoft (Quote, Chart), analysts surveyed by internetnews.com said mega mergers are certain to follow.

Oracle CEO Larry Ellison's testimony in U.S. District Court California Northern District Wednesday and other court documents in the government's antitrust case are shedding light on how large technology companies are turning to acquisition strategies instead of developing from within.

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