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Oracle Going After SAP With Its 'Project Fusion'; Melding Software Apps; Oracle starts to leverage applications it got from PeopleSoft, Retek deals.(INTERNET & TECHNOLOGY)

Investor's Business Daily

| June 17, 2005 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: J. BONASIA

Buying software makers PeopleSoft and Retek is one thing.

It's quite another to make those big acquisitions pan out, but that's the challenge facing Oracle.

With Oracle's core database business maturing, the company seeks growth by plunging deeper into the market for software applications that run business functions.

PeopleSoft, which had just bought rival J.D. Edwards before Oracle began an 18-month takeover effort, is strong in software for human resources, finance, sales and service.

J.D. Edwards has focused on midsize manufacturers. Retek makes software used to manage stores.

To meld these pieces, Oracle has launched a multiyear program it …

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