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PeopleSoft Announces Alliance with IBM

Posted by michael on from the news-for-suits dept.

Kyle writes "I just got out of PeopleSoft's opening keynote for PS Connect 2004, where Craig Conway announced a new alliance with IBM. According to Conway, PeopleSoft and IBM will both be investing $1 billion over the next few years to build a joint solution utilizing PeopleSoft's applications and IBM's middleware products. Yahoo Business has an article."

2 of 12 comments (clear)

  1. monopoly by nocomment · · Score: 4, Funny

    peoplesoft gets a "get out of hostile takeover card"

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  2. Ellison by angst_ridden_hipster · · Score: 3, Insightful

    ... was heard to say "Never mind. I'll just buy them too."

    Kind of interesting, actually. These could be the first hairline fractures in the Vast Anti-Microsoft Pro-Linux Corporate Alliance.

    It could have potentially profound effects in the world of Corporate Linux. Then again, it probably won't. Expect the MS and SCO FUD machines to spin it that way, though.

    Oracle may be big, but going up against IBM is a bad strategy. As the old joke went in the "IBM is gonna buy Apple!" days:

    Q: What do you get when you cross Apple and IBM?
    A: IBM.

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