June 11, 2003—PeopleSoft, Inc. and J.D. Edwards & Company have announced a definitive agreement for PeopleSoft to acquire J.D. Edwards, creating the worlds second largest enterprise applications software company.
Combined, the companies have approximately $2.8 billion in annual revenues, 13,000 employees and more than 11,000 customers in 150 countries. With this acquisition, PeopleSoft will expand its presence in more than 20 industries including a broad range of services, manufacturing, distribution and asset-intensive industries.
PeopleSoft pure internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft’s integrated, best- in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration.
For more information, contact PeopleSoft.
