Microsoft should pass on rescuing PeopleSoft
eWeek | at | by Mike
Microsoft CEO Steve Ballmer on Monday told the Financial Times newspaper that the company has no intention of stepping in as a white knight to acquire PeopleSoft Inc. and save it from Oracle's clutches.
That's not surprising, analysts said, running down a list of points that could sour Microsoft on such a deal: that PeopleSoft is a strong IBM partner; that it has lower market share than the enterprise management software company-SAP AG-that Microsoft did in fact consider acquiring; and that its acquisition cost is high when compared with its earnings.