Feature Twenty years ago next week, Oracle closed the $10.3 billion deal to buy HR and finance software specialist PeopleSoft after a fraught, drawn-out, hostile takeover.
It marked the high point in a period of tech industry takeover mania, and the zenith of Oracle’s transition from a database company which also does applications to a business apps giant also present in the database market. Days after its completion, Oracle announced it was laying off around half of PeopleSoft’s…
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https://www.theregister.com/2025/01/02/twenty_years_since_oracle_bought_peoplesoft/
