Oracle (ORCL) to Acquire PPM Solution Provider Instantis
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Price: $142.07 -1.21%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +28.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +28.1%
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Oracle (NASDAQ: ORCL) News Facts:
* Oracle today announced that it has entered into an agreement to acquire Instantis, a leading provider of cloud-based and on-premise project portfolio management (PPM) solutions.
* Instantis enables IT departments, product development teams, and business process leaders to manage multiple corporate initiatives, and improve strategic alignment, execution, and financial performance.
* By combining Instantis with leading capabilities from Oracle's Primavera and Fusion Applications, Oracle expects to provide the most comprehensive set of cloud-based and on-premise Enterprise Project Portfolio Management solutions
* The combined Oracle solutions will provide the ability to manage, track and report on enterprise strategies - from capital construction and maintenance, to manufacturing, IT, new product development, Lean Six Sigma, and other corporate initiatives.
* Terms of the agreement were not disclosed. More information on this announcement can be found at http://www.oracle.com/instantis
* Oracle today announced that it has entered into an agreement to acquire Instantis, a leading provider of cloud-based and on-premise project portfolio management (PPM) solutions.
* Instantis enables IT departments, product development teams, and business process leaders to manage multiple corporate initiatives, and improve strategic alignment, execution, and financial performance.
* By combining Instantis with leading capabilities from Oracle's Primavera and Fusion Applications, Oracle expects to provide the most comprehensive set of cloud-based and on-premise Enterprise Project Portfolio Management solutions
* The combined Oracle solutions will provide the ability to manage, track and report on enterprise strategies - from capital construction and maintenance, to manufacturing, IT, new product development, Lean Six Sigma, and other corporate initiatives.
* Terms of the agreement were not disclosed. More information on this announcement can be found at http://www.oracle.com/instantis
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