PeopleSoft to acquire JD Edwards

The acquisition of JD Edwards makes PeopleSoft N° 2 in ERP and moves the company upstream.

PeopleSoft is to acquire JD Edwards in a deal which will create the world’s second largest enterprise resource planning (ERP) software company after SAP. The paper-only deal values the transaction at approximately $1.7 billion. The combined companies will have around $2.8 billion in annual revenues, 13,000 employees and more than 11,000 customers in 150 countries.


JD Edwards will operate as a wholly owned subsidiary of PeopleSoft. The acquisition expands PeopleSoft’s presence in more than 20 industries including a broad range of services, manufacturing, distribution and asset-intensive industries – particularly in the oil and gas sector. JD Edwards provides verticalized ERP software to the upstream through an association with Petroleum Place. JD Edwards upstream clients include BP Exploration and EnCana Corp.

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