Feeds

Oracle to get Agile with $495m deal

Paying for PLM

High performance access to file storage

Oracle is buying product lifecycle management (PLM) specialist Agile Software in a deal likely to result in an overhaul of its existing PLM suite.

The database giant, which has bought more than 30 companies in three years, is spending $495m, or $8.10 per share, for Agile. It hopes the purchase will squeeze SAP.

The deal serves up Oracle 1,250 Agile PLM customers, with Agile expected to announce a 12 per cent increase in revenue to between $37m and $38m for its fourth quarter.

Oracle president Charles Philips said in a statement Agile will serve as the foundation for Oracle's PLM offering while furthering the strategy of delivering industry specific enterprise applications.

Oracle's existing PLM suite spans CAD, project collaboration, project management and sourcing, and is available through eBusiness Suite. The suite provides a unified data model for a single view of the product from inception through to design, delivery and service.

Agile said in a statement that Oracle's embrace meant it could serve a wider audience and "accelerate the advance of enterprise PLM."®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.