Oracle says PeopleSoft Integration Costs Lower than Expected

Posted in: Technical Track

Oracle Corp expects that the restructuring costs associated with the PeopleSoft acquisition will be lower than anticipated, coming in at around $546m instead of $611m, a reduction of 10.6%.

Oracle also announced that the company has completed most of the legal, information system, and operational integration work for PeopleSoft and expects to be completely finished within six months. This news leads some analysts to believe that another large acquisition will be taking place in the near future, possibly of Siebel Systems, Inc.

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As Pythian’s Chief Executive Officer, Paul leads this center of excellence for expert, outsourced technical services for companies whose systems are directly tied to revenue growth and business success. His passion and foresight for using data and technology to drive business success has helped Pythian become a high-growth global company with over 400 employees and offices in North America, Europe, and Asia. Paul, who started his career as a data scientist, founded Pythian when he was 25 years old. In addition to driving the business, Paul is a vocal proponent of diversity in the workplace, human rights, and economic empowerment. He supports his commitment through Pythian’s hiring and retention practices, his role as board member for the Basic Income Canada Network, and as a supporter of women in technology.

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