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.'"
The same payroll system is behind the scenes, calculating and printing your paper check...only now a dozen people handle it and see it before it gets to you. Peoplesoft doesn't have anything to do with NACHA. Direct Deposit is still WAY more secure, and WAY more reliable than your paper and envelope.