Federal Judge Rules Oracle can Bid for PeopleSoft

terrymaster69 writes "The NY Times reports (free reg, required) that Oracle may have the go ahead to continue its hostile bidding for PeopleSoft. The Justice Department had previously tried to paint the merger as anti-competitive in the corporate services software market. 'Judge Vaughn R. Walker of the Federal District Court in San Francisco rejected the government's definition of the market as too narrow, noting that the software business is particularly dynamic, with a host of current and emerging competitors in that area including Microsoft.'"

Comments

Re:Love

[Anonymous Coward]

Hello darkness my old friend.

Re:well

[lucabrasi999]

Anything that kills PeopleSoft is a good thing.

Trust me, the rumors I hear regarind Oracle applications say that their apps all that much better than PeopleSoft. In fact, some people think they are worse. If these rumors are true, then this potential takeover would result in one poorly made software system replacing another poorly made software system.

Re:Well, this is just great.

[w.p.richardson]

Well, hell, I demand to be paid in gold boullion!

Makes it harder to fire me for sitting here reading /. all day than simply clicking the delete key in the HRMS software.

Re:Well, this is just great.

[Otter]

I prefer direct deposit because it eliminates the (disturbingly likely) possibility of my spilling ketchup on my paycheck or putting it in my pocket, forgetting about it and running it through the washing machine.

Clarification?

[Mr. Bad Example]

Could someone more business-savvy than I am (which includes most animals with at least a notochord) explain "hostile bidding" to me? Right now I have this image in my head of Larry Ellison saying "I'll give you a hundred million dollars, motherfucker", and that can't be right.