U.S. judge rules in Oracle's favour

Federal judge rejects government's bid to block Oracle's hostile bid for PeopleSoft on anti-trust grounds
By
|hrreporter.com|Last Updated: 09/06/2005

Oracle has won the latest battle in its attempt to swallow rival PeopleSoft.

On Sept. 9 a federal judge in California rejected an attempt by the U.S. Department of Justice to block Oracle’s takeover of PeopleSoft. U.S. District Judge Vaughn Walker said the government failed to prove its anti-trust case.

The Department of Justice filed suit on Feb. 27, charging Oracle’s bid would eliminate one of three major players in the market for software sold to large organizations to manage finance, HR, sales force and other functions.