Oracle invites PeopleSoft customers to online 'meetings'

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Oracle invites PeopleSoft customers to online 'meetings'

Oracle is planning a series of online meetings to discuss its plans for supporting existing PeopleSoft customers in an effort to win support for its hostile takeover bid.

The first meeting is scheduled for tomorrow (17 July) and will be hosted by Oracle executive vice president Chuck Phillips.

Phillips was one of the key architects behind Oracle's unsolicited $6.3bn offer to acquire its rival, PeopleSoft.

Oracle's web meeting will take place the day before PeopleSoft intends to close its acquisition of JD Edwards, for which it received US Department of Justice approval on 14 July.

Since Oracle announced in early June its plan to acquire PeopleSoft against the wishes of PeopleSoft's directors, the company has faced scepticism from wary PeopleSoft customers.

Oracle has said that if its bid is successful, it would stop marketing PeopleSoft products but would continue supporting the software for existing customers. While customers would be offered incentives to switch to Oracle software, no one would be forced to migrate, Oracle claimed.

PeopleSoft customers can access the meeting online at http://www.oracle.com/peoplesoft/index.html?townhall.html, or by calling +1-800-593-8968 and using the passcode "PeopleSoft Town Hall".

Stacey Cowley writes for IDG News Service


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