Looks like Oracle's aquisition strategy is generally working out. While Oracle's net profits are down due to increased short term expense, it looks like they will be hanging onto the majority of the PeopleSoft clients. a very low percentage of those clients are open to leaving in the short to mid term, unlike what other vendors think.
Unfortunately, Oracle is not so interested in selling PeopleSoft, and PeopleSoft clients are not so interested in buying Oracle. So they'll keep clients and revenue streams for the mid term, but they need to come up with a retention strategy for the long term. Meanwhile, Oracle is continuing it's bid to challenge SAP in the applications arena. This CNN article notes Lawson as a takeover candidate.