Economist.com | Oracle ups its Peoplesoft bid

Economist.com | Oracle ups its Peoplesoft bid "The customers and, most importantly, software-maintenance contracts that come with PeopleSoft's applications business (together with that of JD Edwards, a mid-market specialist which PeopleSoft bought last year) should help to salvage Oracle's costly applications investment. “From a management-team perspective, PeopleSoft takes care of a lot of sins,” says Ray Lane, a former Oracle president."