Tuesday, March 09, 2004

Yahoo! News - Microsoft Menaces Oracle's PeopleSoft Bid

Yahoo! News - Microsoft Menaces Oracle's PeopleSoft Bid: "The department filed suit Feb. 27 to block Oracle's bid for PeopleSoft, saying it would be anti-competitive. Oracle has dismissed such concerns as unwarranted, citing among other things an imminent competitive threat from Microsoft, the world's largest software company.
But in the statement given to investigators, a representative of Microsoft says the company has no plans during the next two years to move into the market at issue -- software sold to large business customers to manage things like finances, human resources and sales forces, the sources said. "
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