"From our point of view, this process is at an end," he said. "The board has carefully considered and extensively considered the prospect [of acquisition by Oracle] and the concerns the board has have been extensively documented. But their evaluation is over and weve got business to do." Conway said PeopleSoft would continue work on its own plan to acquire J.D. Edwards, a deal that remains on schedule to close by late in the third quarter, early in the fourth, he said. The company will also focus on salvaging its second quarter, which ends at the end of the month.Conway predicted that PeopleSoft customers may change database software providers from Oracle to IBM in retribution for Oracles incursions on PeopleSoft. "Some say [enterprise software leader] SAP [AG] may want to capitalize on this. The real beneficiary of this last week is more likely going to be IBM," he said. "IBM is the only significant competitor to Oracle in the database industry. Its somewhat costly to change databases, [but] the level of concern, frustration and outrage [from PeopleSoft customers] is so high, that I think IBM has the opportunity to convert Oracle customers into IBM customers. I think thats going to be the interesting development out of all of this." This story was altered since it was originally posted to include comments from Conway, Parker and Finn. eWEEK Senior Writer Lisa Vaas contributed to this story.
"There are 8,000 people here that are energized that are focused, that have a single mission and that is to make the quarter. So thats what we intend to do," Conway said.