Thursday, October 21, 2004

Duffield: PeopleSoft not for sale

PeopleSoft posted quarterly results today that were better than expected. In Q3, PeopleSoft reported record revenue of $699 million, an increase of 8% from the previous quarter and up 12% from the same quarter last year.

Separately, it looks like the rumor I reported regarding Duffield has turned out to be true.

PeopleSoft officials also confirmed that Duffield circulated a memo to employees asserting that he "didn't come back here to sell to Oracle."

"Rather, I'm here to beat Oracle in the marketplace, increase our revenues, re-energize our employees, and deliver greater long-term value to our shareholders," the memo said.
There's more detail on eWeek.

Related posts
Rumor: Duffield in no mood to give in to Oracle

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