Abstract

The case gives a detailed account of Oracle Corporation's successful attempt to acquire PeopleSoft, one of the world's leading enterprise software companies. It explores the circumstances and the reasons that led Oracle to launch a hostile takeover bid for acquiring controlling equity stake in PeopleSoft. The case also examines the defense strategies used by PeopleSoft to prevent this takeover attempt. Finally, the case describes the benefits from the deal to Oracle, PeopleSoft's management, its shareholders and its customers. The challenges facing Oracle to make this takeover deal successful are also highlighted.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• The acquisition of Peoplesoft by Oracle
• Insights into the global Enterprise Application Software (EAS) industry
• The defense strategies adopted by PeopleSoft to thwart Oracle's hostile takeover
• Analyze the synergies of Oracle-PeopleSoft merger deal.

Keywords

Oracle Corporation, PeopleSoft Incorporated, Enterprise Applications Industry, Antitrust Trials, Corporate Takeovers