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May 16, 2007

To Oracle
PLM Worth $0.5B

Oracle buys independent PLM vendor Agile Software for US$495 million. Charles Phillips, president of Oracle, says "Agile will serve as the foundation of an Oracle PLM offering." Some more details here. A year ago, Agile bought Cimmetry Systems for $40 million.

Is this Oraclean purchase a foreshadowing of a similar acquisition by beleaguered Microsoft?

Posted at 04:00 PM in Mergers & Acquisitions |

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