Tuesday, September 30, 2003

Pass the Kleenex

At an SAP conference in Switzerland this week, CEO Henning Kagermann said that Oracle's chances of acquiring PeopleSoft are "now less than 50%." However, "desperate pricing" as a result of uncertainty surrounding the deal are hurting SAP. Kagermann says that in 40% of the deals where SAP competes, SAP loses on price.

Kagerman says, "If the whole industry starts to compete on price, price will never come back."

InternetWeek has more.

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