Tuesday, October 18, 2005
SAP's End Run Around Oracle
SAP's End Run Around Oracle: "Like a lot of companies, Praxair Inc. (PX ) got caught by the wave of consolidation sweeping the software industry. The $6.6 billion producer of industrial gases, based in Danbury, Conn., ran financial and manufacturing software from J.D. Edwards & Co. and human resources programs from PeopleSoft Inc. Then, in June, 2003, PeopleSoft announced plans to buy J.D. Edwards. Days later, Oracle Corp. (ORCL ) made a hostile takeover bid for PeopleSoft"
