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Ending Bitter Fight, PeopleSoft Agrees to Merge With Oracle

After resisting for 18 months, PeopleSoft Inc. agreed in December to merge with the Oracle Corporation. The news came as a disappointment to many college officials, who are wary of Oracle’s gaining control over PeopleSoft’s human-resource and business-finance software products, which are widely used in higher education and which compete with Oracle’s own offerings. (Subscription required.)