Category: Entrepreneurship

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    My experience and personal opinion as a world’s top case study writer and expert: Oracle’s offer to acquire PeopleSoft in October last year was a very tempting one. It could have offered to pay more than $7 per share, which is an all-time high in the IT industry. But then again, PeopleSoft had been struggling with declining sales, and a potential merger with Oracle would have given it a huge boost. But there was one thing that stopped Oracle’s offer: its CEO, Larry Ellison, wanted to sell

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    Oracle bought PeopleSoft, the biggest software company in the field of enterprise resource planning, on June 19, 2004, paying a price tag of $7.4 billion. At the time, this was seen as a big gamble by Oracle. As the new CEO of Oracle, Larry Ellison, was quoted as saying, “we had to do something radical to compete in the ERP software industry.” Oracle’s move was to take on the incumbent, PeopleSoft Inc. One of the most famous

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    Earlier this year Oracle bought PeopleSoft from Electronic Data Systems (EDS) and merged it into its Enterprise Management System (EMS) — This was a big step towards a unified enterprise software system from Oracle. While EDS, the previous owner, was known primarily as an IT systems integrator, PeopleSoft, a software vendor, had long been a part of Oracle’s business, supplying a variety of software solutions across the enterprise landscape. So, for those of you who know Oracles history and Oracle business, let