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Jun 22

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Oracle to acquire Demantra

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How To Top Categories Computers Home Entertainment Internet Phones Photography Security Tablets ForumsLog In to CNET Join Related Stories Oracle’s fight for Wall Street cred May 16, 2006 Behind the scenes: Oracle’s pursuit of Siebel October 22, 2005 Oracle acquisition mill
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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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