A Combined Oracle Launches

January 18, 2005

[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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