Welcome!

.NET Authors: Liz McMillan, Yakov Werde, Matthew Pollicove , Kevin Benedict

Related Topics: Open Source, Java, Oracle, SAP

Open Source: Article

Oracle Buys SAP Investment

It plans to integrate the assets with its Agile PLM offering
By Maureen O'Gara
Article Rating:
June 19, 2009 12:15 PM EDT
Reads:
 1,753

Oracle has taken over the IP assets of Conformia Software, a lifecycle management ISV geared toward the life sciences where Oracle's bitter rival, SAP, invested some money from its NetWeaver Fund a couple of years ago.

NetWeaver was meant to invest in firms "committed to the SAP ecosystem."

Guess not this time.

Oracle plans to integrate the assets with its Agile PLM offering, creating an "end-to-end solution for managing drug development, packaging and commercialization."

Financial terms were not disclosed. Started in 2000, it's thought to have raised $23 million.

Published June 19, 2009 – Reads 1,753
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.