Oracle to acquire Demantra
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Oracle announced Thursday plans to acquire Demantra, a 10 year old company that develops supply chain planning applications. Demantra’s Spectrum Suite, for example, is designed to handle tasks such as retail planning and replenishment of inventory in stores, as well as real
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The acquisition is expected to not
fake Michael kors handbags outlet only help Oracle expand its supply chain applications business, but also to help it focus more intently on particular industries. It also counts as customers McCain Foods, Korbel and Welch’s.
Oracle, which has been on an aggressive acquisition path, is battling archrival SAP for dominance in the business applications industry.
The Demantra acquisition is expected to close by month’s end. Once reported, our staff will be notified and the comment will be reviewed.
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