Battle Booty from Oracle's Victory Over PeopleSoft
Olin Thompson and P.J. Jakovljevic - May 30, 2005

What Oracle Gains

A new customer base; increased market share; expertise; immediate; recurring revenue sources; and new and overlapping products are now a part of Oracle's booty from its battle to acquire PeopleSoft. The long and arduous merger bid came to a close in December with Oracle giving approximately $10.3 billion (USD) from its war chest to PeopleSoft, to become the world's number two leading enterprise applications software company. At the end of January, Oracle forecasted its pro forma earnings and growth. Its earnings per share growth will be 24 percent for fiscal year 2005, and it is targeting earnings per share growth of 22 to 28 percent for fiscal year 2006. Oracle also reported that the PeopleSoft acquisition is on track and will contribute to the company's (pro forma) earnings growth in both fiscal years 2005 and 2006...