Oracle to acquire Endeca Technologies
Redwood Shores, Calif. -- Oracle announced it has entered into an agreement to acquire Endeca Technologies, Cambridge, Mass., which provides an unstructured data management, web commerce and business intelligence technologies.
Oracle said that the combination of Oracle ATG Commerce and Endeca InFront “is expected to enhance cross-channel commerce, merchandising, and online customer experiences,” which Oracle Business Intelligence and Endeca Latitude will provide a business intelligence foundation using structured and unstructured data sources.
“The combination of Oracle and Endeca is extremely compelling in this changing data environment,” said Thomas Kurian, executive VP, Oracle Development. “Together, we will provide best-in-class technology to manage structured and unstructured data together; business intelligence tools to analyze structured and unstructured data together; and a broad suite of packaged applications which extends the value of unstructured data into ERP, supply chain, CRM, EPM, web commerce, and specialized applications. This technology will also allow us to integrate more comprehensive unstructured data management into Oracle’s engineered systems.”
Oracle did not disclose financial terms of the deal.