Oracle takeover bid a sign of things to come

Industry ripe for consolidation, could lead to higher prices for customers
By David Brown
|Canadian HR Reporter|Last Updated: 10/03/2003

O

racle’s attempted hostile takeover of rival software vendor PeopleSoft is indicative of an industry ready for consolidation, which could potentially mean higher prices for customers, say HR technology experts.

“I think it is a pretty straightforward, maturing industry, consolidation type play,” said Ed McMahon, national practice director of technology solutions for Watson Wyatt Canada. “(Oracle CEO Larry Ellison) probably thinks there will be two or three major industry players and he wants to be one of them.”