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.

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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