text: Oracle to Acquire PeopleSoft Business software giant Oracle Corp. announced today that it has signed a definitive agreement to acquire rival PeopleSoft Inc. after sweetening its offer by 10 percent to approximately \$10.3 billion. &lt;FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2" color="#666666"&gt;&lt;B&gt;-The Washington Post&lt;/b&gt;&lt;/font&gt;