Oracle Buys Primavera Software

Posted: Oct 8 2008, 7:50am CDT | by , Updated: Aug 11 2010, 10:55am CDT, in News | Technology News

 
Oracle buys Primavera Software
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Oracle announced it has entered into an agreement to acquire Primavera Software, Inc., a leading provider of Project Portfolio Management (PPM) solutions for project-intensive industries. The transaction is subject to customary closing conditions and is expected to close in the second half of 2008. Until the deal closes, each company will continue to operate independently.
Primavera offers best-in-class solutions focused on the mission critical PPM requirements of key vertical industries including engineering and construction, public sector, aerospace and defense, utilities, oil and gas, manufacturing and high tech, and IT and services. Primavera helps more than 5,000 global customers and over 2.5 million users propose, prioritize, select, plan, manage, and control complex projects.
Via this Oracle announcement.

This story may contain affiliate links.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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