Software business Oracle has agreed to acquire US-based Endeca Technologies, which provides data management, web commerce and business intelligence.
Round-up of today’s M&A deals
Software business Oracle has agreed to acquire US-based Endeca Technologies, which provides data management, web commerce and business intelligence.
The privately-held business is being bought for an undisclosed amount.
According to a statement the combination of Oracle and Endeca is expected to create a ‘comprehensive technology platform’ to process, store, manage and analyse structured and unstructured information together.
Thomas Kurian, executive vice president of Oracle Development, comments: ‘This technology will allow us to integrate more comprehensive unstructured data management into Oracle’s engineered systems.
Headquartered in California, Oracle has its UK base in Berkshire.
Round-up of today’s M&A deals
- Garda Security Group buys Aeroguard
Value: $16 million (£10 million)
Advisers: undisclosed
- The Carlyle Group to buy 85 per cent stake of Telecable de Asturias
Value: undisclosed
Advisers: undisclosed
