ALSO

PeopleSoft Inc. said it will set up a unit, PeopleSoft Select, to sell the software company’s human resources and financial programs to smaller businesses. The Pleasanton, Calif.-based company had focused its sales efforts on big corporations, helping the firms keep track of personnel, financial and manufacturing operations. Now, PeopleSoft plans to chase medium-sized companies with revenues between $50 million and $200 million, a much bigger market that accounts for only about 20% of PeopleSoft’s current revenue.