Feeds

PeopleSoft brings J.D. Edwards on board

Ready to spend a little more, Larry?

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

With 88 percent of J.D. Edwards shares in its pocket, PeopleSoft has declared victory in its bid to acquire the company.

PeopleSoft has gobbled up 110 million J.D. Edwards shares and plans to buy the rest by the end of August. For all intents and purposes, this deal is done. PeopleSoft has purchased a fellow enterprise app-making subsidiary for $1.8 billion.

"Today marks an important milestone in the history of PeopleSoft," said PeopleSoft President and CEO Craig Conway, in a statement. "The powerful combination of PeopleSoft and J.D. Edwards creates the second largest enterprise applications software company in the world."

That's all well and good, Craig, but there's this nasty old Oracle issue left to deal with. Oracle says it will have PeopleSoft even with the J.D. Edwards baggage.

PeopleSoft worked quickly to close the deal with J.D. Edwards, hoping to keep the hawkish Oracle at bay. The deal was initially scheduled to close in the late third quarter or early fourth quarter.

Oracle made a number of interested parties nervous by saying it had not decided whether or not it would complete the J.D. Edwards acquisition should it take over PeopleSoft.

It would seem that Oracle will have to sweeten its bid for PeopleSoft a bit more now that J.D. Edwards is part of the team. ®

Related Stories

Peoplesoft trumpets Q2
PeopleSoft: beating back Oracle
Oracle hints there's more to come

Beginner's guide to SSL certificates

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.