Oracle (ORCL) to Acquire Data Management Co., Endeca Technologies
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Price: $146.47 +3.10%
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) has entered into an agreement to acquire Endeca Technologies, Inc.
The transaction is subject to customary closing conditions and is expected to close before the end of 2011. Until the deal closes, each company will continue to operate independently.
Financial terms were not disclosed.
Endeca is a provider of unstructured data management, web commerce and business intelligence solutions.
The transaction is subject to customary closing conditions and is expected to close before the end of 2011. Until the deal closes, each company will continue to operate independently.
Financial terms were not disclosed.
Endeca is a provider of unstructured data management, web commerce and business intelligence solutions.
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