Monday Morning's Movers: LGF, MSFT, SRE >>> READ MORE

9 Biggest Buyouts in Internet Stocks History

These multibillion-dollar buyouts weren't all winners

      View All  

#2. Oracle Acquires Peoplesoft

Oracle185Year: 2004
Purchase Value: $10.4 billion
Inflation Adjusted Price: $12.9 billion

It was a contentious takeover that took more than a year to pull off, but Oracle (ORCL) managed to snatch up PeopleSoft in 2004. The web-based human resources software firm was very much on the cutting edge, a precursor to cloud-based HR solutions that have now become ubiquitous.

In fact, one of the current internet stocks, Workday (WDAY), was founded by the former PeopleSoft CEO who got back in the game after the bitter takeover fight with Oracle.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC