Ed tech managers from coast to coast—especially those in universities, large urban districts, and state education agencies—were on the edge of their seats at press time, waiting to learn whether business software maker Oracle Corp. would prevail in its $6.3 billion hostile bid to acquire rival firm PeopleSoft Inc.

If the deal were to be consummated, many PeopleSoft customers worried the takeover could disrupt their operations and ultimately cost them millions of dollars to convert their systems.

But even if the Oracle takeover of PeopleSoft were to fizzle, analysts...

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