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Some kind of consolidation was inevitable but only time will show how much customers and users benefit. Oracle is still mainly a technology company, not an application one. The acquisitions brought more focus on applications and users, which is now pretty apparent in R12 (which looks more like Peoplesoft) and overall customer service.
We got a shot in the arm with the acquisitions, and I think if you're impressed with R12/E9, you'll be blown away by future releases.
That's the goal anyway.
For example, buying R12 and Hyperion would work out better now than it would have when the 2 companies were independent. Part of acquiring innovation is getting access to the code and the hidden features, like EBS has always had access to DB features and technologies that weren't available to PSFT or SAP.
http://ablebrains.typepad.com/ablebrains/2007/1...
Hope you are well.
Steve