Posted on August 31st, 2007 by Sanjit Anand |
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This page is under construction as of 2007/12/29. Thank you for your patience.
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Oracle Press Release
Oracle Buys Primavera
Creates First, Comprehensive Enterprise Project Portfolio Management Solution for Project-Intensive Industries
Redwood Shores, CA – October 8, 2008News Facts
Today, Oracle announced it has agreed to acquire Primavera Software, Inc., a leading provider of Project Portfolio Management (PPM) solutions, to accelerate its momentum in delivering mission-critical operational applications.Primavera’s PPM software helps companies propose, prioritize and select project investments, and plan, manage and control the most complex projects and project portfolios.Together with Oracle’s applications and infrastructure software, Oracle expects to provide the first comprehensive enterprise project portfolio management solution that helps companies allocate the best resources, reduce costs, meet delivery dates and ultimately make better decisions, all by using real-time data.Oracle Enterprise PPM will be tailored to project-intensive industries such as engineering and construction, aerospace and defense, utilities, oil and gas, manufacturing, and professional services.Primavera employees and management are expected to join Oracle to form a global business unit (GBU) focused on Enterprise PPM, and to help ensure a smooth transition for Primavera customers and partners. Primavera’s CEO Joel Koppelman is expected to lead the business unit as Senior...
2008 10 08Oracle Press ReleaseThe Oracle Education Foundation Teams with Adobe Systems Incorporated To Help Students around the Globe
Redwood Shores, CA – October 6, 2008News Facts
As part of its ongoing commitment to educators and students worldwide, Adobe Systems Incorporated has donated 1,500 sets of four of the company’s industry-leading software products for web development and design to the Oracle Education Foundation (OEF).OEF, an independent, charitable, 501(c)(3) organization funded by Oracle Corporation, is committed to helping students develop vital skills for life and work in the 21st century. As part of its mission, OEF provides its ThinkQuest technology program as a free service to primary and secondary schools around the world. More than 397,000 children in 60 countries benefit from OEF’s programs.The donated Adobe software will be bundled and granted to qualifying elementary and secondary schools enrolled in OEF’s ThinkQuest Website Competition 2009, which challenges students to develop educational websites on topics of their choosing.The Adobe software available as part of the grant includes: Adobe® Photoshop® Elements 6, Adobe Premiere® Elements 4, Adobe Dreamweaver® CS3, and Adobe Flash Pro CS3.The...
2008 10 06Oracle Press ReleaseFujian Septwolves Selects Oracle® Retail Applications to Support its Retail Expansion Strategy
Leading Chinese Apparel Retailer to Leverage Oracle’s Core Retail Platform and Global Experience to Help Drive Business
Redwood Shores, CA – October 6, 2008News Facts
Fujian Septwolves, one of China’s leading apparel companies with more than 2,000 stores, has selected Oracle® Retail merchandising and planning applications to help drive expansion plans for its retail business and brands across China and internationally.Rapid and consistent year-on-year growth at Fujian Septwolves has produced a requirement for a strong IT backbone built on Oracle Retail applications and supported by the Oracle E-Business Suite for financial management and human resources.Oracle Retail merchandising, planning and optimization applications are expected to help Fujian Septwolves more accurately plan assortments; perform the execution of day-to-day merchandising, pricing and logistical supply chain transactions; provide a consistent set of data to drive more profitable business decisions; and introduce best practice for retail processes while continuing to support its extensive wholesale business.Oracle is working closely with Fujian Septwolves on the first stage of the deployment involving Oracle Retail Warehouse Management System, Oracle Retail...
2008 10 06Oracle Press ReleaseOracle® E-Business Suite Release 12 Delivers Strategic Value to Meru Networks
Wireless Infrastructure Leader Implements Latest Version to Standardize Global Business Processes and Support Rapid Growth
Redwood Shores, CA – October 1, 2008News Facts
Meru Networks, a developer and marketer of wireless infrastructure solutions, has successfully implemented the Oracle® E-Business Suite Release 12 to standardize on best business practices in order to gain increased auditability, real-time visibility and transparency into its business operations, Oracle today announced.Implemented in 120 days, the Oracle E-Business Suite Release 12 replaces multiple legacy systems to provide Meru Networks with integrated ERP capabilities that can support the company’s growth.Today, Meru Networks has achieved many operational efficiencies and increased visibility into the entire requisition and approval process. With auditability of operations on a daily basis, Meru Networks is able to close its financial books efficiently and have an infrastructure in place to execute future regulatory compliance initiatives.Rapid Implementation Improves Day-to-Day Operations
The initial deployment, focused on automating the entire order-to-cash cycle and procure to pay cycle, yielded improved processes...
2008 10 01Oracle Press ReleaseOracle Buys Advanced Visual Technology
Enhances Oracle’s Insight-Driven Retail Solution Suite with 3D Visual Macro Space Planning
Redwood Shores, CA – October 1, 2008News Facts
Oracle today announced that it has entered into an agreement to acquire Advanced Visual Technology Ltd. (AVT), a leading provider of 3D visual macro space planning software for retailers.AVT enables retailers to collaborate with their stores and supplier partners to design and plan retail floor space in real time with a current photo-realistic view of each store.AVT products combined with Oracle Retail’s comprehensive application suite is expected to increase the profitability of a store’s selling space through enhanced space allocation and performance monitoring across categories, aisles, departments and the entire store.AVT employees and management are expected to join the Oracle Retail Global Business Unit.The transaction is expected to close in the second half of 2008. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.Supporting Quotes
“Adding AVT to our portfolio of retail applications further builds on our strategy of providing broad and deep industry solutions that...
2008 10 01
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