Oracle Defies the Naysayers
In 2003, when Oracle Chief Executive Larry Ellison announced his intention to buy PeopleSoft, he was declaring war on a number of fronts. Not only did he have to contend with PeopleSoft CEO Craig Conway, who railed against the deal for more than a year, but he was also stepping up a battle with his counterparts at SAP, the largest seller of so-called software applications, which run everything from businesses' accounting to their call-center operations.
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