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Words: | Submitted: Mon Jun 19 2006
... and low in cost. (PeopleSoft, 2003). Oracle: Company Overview Oracle Corp. (Nasdaq: ORCL) is the largest enterprise software company in the world. The company boasts of over 11,000 customers who live on their cost-cutting engine. "Although 2001 proved a daunting year for many Technology companies, Oracle boasted record attendance at its global events" (PR Newswire, 2002). Oracle's product strategy includes globalization, implication, standardization, automation, and innovation. These five principles underlie everything that Oracle does. There are five product lines- Database, Application Server, Collaboration Suites Developer Suites, and E-Business Suites. Oracle services include general information, outsourcing, support, consulting, education and financing. ( Nasdaq: ORCL) The Merge of PeopleSoft and Oracle There are principally two types of mergers: one is an acquisition where the acquired company is merged into the existing operation, and the second is a true merger where two companies merge together and the two previous owners become the new owners of the merged entity. ...
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