More Mega Mergers if Oracle Succeeds

Thursday Jul 1st 2004 by Staff

The quest for PeopleSoft was the tip of the iceberg, say analysts.


SAN FRANCISCO -- If Oracle (Quote, Chart) succeeds in its quest to buy PeopleSoft (Quote, Chart), analysts surveyed by said mega mergers are certain to follow.

Oracle CEO Larry Ellison's testimony in U.S. District Court California Northern District Wednesday and other court documents in the government's antitrust case are shedding light on how large technology companies are turning to acquisition strategies instead of developing from within.

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