Which ERP vendor acquired Peoplesoft and Siebel?
Business software as an industry is rapidly evolving, and mergers and acquisitions play an important role in shaping its future.
One of the most notable acquisitions in the ERP landscape was Oracle’s purchase of PeopleSoft and Siebel.
These acquisitions were strategic moves that expanded Oracle’s product offerings and reshaped how businesses manage their operations.
Imagine you have a big tech company that sells powerful business software to companies worldwide.
Now, imagine two other companies that are also leaders in business software but specialize in different areas.
That’s where it all started!
In this blog, we’ll explore the full story of Oracle’s acquisition of PeopleSoft and Siebel, why these acquisitions mattered, and where these companies are today.
Oracle’s Acquisition of PeopleSoft and Siebel
PeopleSoft Acquisition
In December 2004, Oracle completed its acquisition of PeopleSoft for approximately $10.3 billion. PeopleSoft was a leading provider of human capital management (HCM) and enterprise resource planning (ERP) software widely used by businesses and educational institutions.
The acquisition was a competitive battle, as PeopleSoft initially resisted Oracle’s takeover attempt.
However, once the deal was finalized, Oracle integrated PeopleSoft’s solutions into its portfolio, ensuring continued support for existing customers and encouraging migration to Oracle’s flagship ERP solutions.
Further, to facilitate the transition for existing customers, Oracle also introduced PeopleSoft Update Manager (PUM).
PUM is a tool designed to help organizations manage updates and enhancements more efficiently. It ensures they can leverage the latest features and improvements without disrupting operations.
By utilizing PUM, businesses can streamline the update process, reduce downtime, and maintain optimal performance while migrating to Oracle’s modern ERP solutions.
Key Benefits of PeopleSoft Update Manager (PUM):
- Selective Adoption – Companies can choose specific updates and features instead of applying complete upgrades.
- Reduced Downtime – Streamlined patching minimizes disruptions to business operations.
- Improved Testing – PUM offers testing tools to validate updates before implementation.
- Continuous Innovation – Organizations can stay updated with Oracle’s latest enhancements without large-scale migrations. Read more. . .
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