![]() In 2003, PeopleSoft performed a friendly merger with smaller rival JD Edwards. PeopleSoft expanded its product range to include a financials module in 1992, distribution in 1994, and manufacturing in 1996 after the acquisition of Red Pepper. PeopleSoft version 1, released in the late 1989, : 18 was the first fully integrated, robust client–server HRMS application suite. from Norwest Venture Partners joined the Board of Directors. The company's sole venture backing came from IBM. It should not be confused with Integral Systems of Columbia, Maryland, a different company. He cofounded PeopleSoft after leaving Integral Systems which was also based in Walnut Creek. Duffield envisioned a client–server version of Integral Systems popular mainframe HRMS package. Founded in 1987 by Ken Morris and David Duffield, PeopleSoft was originally headquartered in Walnut Creek, California, before moving to Pleasanton, California.
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