Oracle's acquisition of PeopleSoft will create a bigger competitor for Microsoft and put one of the Redmond company's largest industry partners in the hands of a rival. How seriously does Microsoft take the situation? Just the prospect of Oracle's buying PeopleSoft prompted Microsoft's Bill Gates to contemplate combining his company with German enterprise-software giant SAP last year, according to an e-mail message that surfaced as part of the Justice Department's challenge to the Oracle-PeopleSoft deal.
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