The Register® — Biting the hand that feeds IT

Feeds

Oracle pitches EC over Peoplesoft

  • alert
  • print

Mario Monti expected to go for the Double

By John Oates • Get more from this author

Posted in Applications, 29th March 2004 07:46 GMT

Watch Now : Virtual Machine Movement with Hyper-V

Oracle will this week try to reassure the European Commission that its proposed takeover of Peoplesoft will not reduce competition.

Last month the Department of Justice began action to stop the merger, but the case is unlikely to be heard before July. The Commission is due to report on 11 May.

Oracle is offering evidence in support of the takeover this week and there will be closed door hearings on Wednesday and Thursday.

The EC is concerned that the deal would reduce major players in the financial and human resources applications from three to two. It is also worried about possible future collusion between Oracle and SAP, the Big Daddy of the enterprise software market. ®

Related stories

DoJ goes after Oracle's hidden secrets

EC objects to Oracle takeover

US DoJ sues to block Oracle's $9.4bn PeopleSoft bid

Watch Now : Virtual Machine Movement with Hyper-V

Hands on with Hyper-V 3.0 and virtual machine movement

Our award-winning Regcasts have teamed up with training provider QA for the deepest of deep dives into Hyper-V, including a live demo.

Understand VM movement - just click to play, or go here for a bigger version.