On January 3, 2000 PeopleSoft Inc. announced it had completed its acquisition of The Vantive Corporation, the world's second-largest independent supplier of customer relationship management (CRM) solutions. The transaction was completed December 31, 1999 with the issuance of approximately 28 million shares of common stock and options to purchase common stock, and is anticipated to be accounted for as a pooling-of-interests. The acquisition of Vantive makes PeopleSoft the only enterprise software company offering a full suite of CRM products that integrate tightly with PeopleSoft and other major back-office applications.
doj oracle peoplesoft suit brief
erp systems,on demand erp,online erp,siebel 7,web erp,erp products,navision software,erp software companies,portal software,sap consultants,jde edwards,jd edwards system,crm systems,erp comparison,vantive crm