Feeds

Oracle to get Agile with $495m deal

Paying for PLM

Choosing a cloud hosting partner with confidence

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."®

Remote control for virtualized desktops

More from The Register

next story
Bada-Bing! Mozilla flips Firefox to YAHOO! for search
Microsoft system will be the default for browser in US until 2020
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
Be real, Apple: In-app goodie grab games AREN'T FREE – EU
Cupertino stands down after Euro legal threats
'Cleantech' a dirty word for VCs? RUBBISH!
They just think the current schemes are terrible
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.