Feeds

Oracle to get Agile with $495m deal

Paying for PLM

Combat fraud and increase customer satisfaction

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."®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
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
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
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.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.