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Article: AMR Research Reports Oracle-PeopleSoft Merger Could Result in a $5.5 Billion Applications Business; Joint Company Becomes World's Second Largest Application Software Vendor.
- Article from:
- PR Newswire
- Article date:
- January 18, 2005
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BOSTON, Jan. 18 /PRNewswire/ -- Today, AMR Research announced updated financial revenue estimates for the combined Oracle-PeopleSoft applications business of $5.5 Billion for 2004. This makes the new organization the second largest applications vendor with an estimated 12% share of the worldwide enterprise applications market. The announcement was made during the Oracle- PeopleSoft press conference taking place in Redwood Shores, California.
"Oracle's acquisition of PeopleSoft makes the combined entity a much more formidable competitor to SAP in the faster growing sub-segments of the enterprise applications market, including Customer Relationship Management, ...
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... ... D. Edwards, Baan, Oracle, PeopleSoft, and SAP ... industry's revenue. AMR Research expects the top five vendors in 2005 (SAP, Oracle, Sage Group, Microsoft ... to more than 40%. Oracle nearly doubled the size ... of PeopleSoft, but AMR Research expects SAP to finish ...
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