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PeopleSoft Goes To Oracle

Posted by Hemos on from the picking-up-the-pieces dept.

codecool writes "It is final. Peoplesoft's Board of directors finally relented and agreed to let Oracle have them for $26.50 per share. Finally, it all comes to an end." Closing date is set for mid-January timeframe.

1 of 216 comments (clear)

  1. Re:incorrect economic analysis. by mforbes · · Score: 4, Informative

    A horizontal merger is one in which both companies compete for the same market. For instance, if MS were to buy out Oracle's database platform and services, that would be a horizontal merger, since MS already has SQL Server.

    A vertical merger is one in which, for instance, one company uses a product of the other company in order to build and sell their own product. An example of this would be if a cellular service provider were to buy a cell phone manufacturer. (I don't know of any real-world instances of this; it's only a theoretical example.)

    Hope that helps :)

    --

    Allegedly real newspaper headline from 1998:
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