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Oracle Set to Acquire Endeca

October 19, 2011

by Angela Guess

Oracle has announced that it will acquire Endeca, a privately held company that provides unstructured data management. According to the article, “The convergence of structured and unstructured information is driving the need for a common data management and analytics platform, Oracle said. And the company is moving to address that… The combination of Oracle and Endeca is expected to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together, Oracle officials said.”

Thomas Kurian, EVP of Development at Oracle stated, “The combination of Oracle and Endeca is extremely compelling in this changing data environment… 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.”

Read more here.

photo credit: Endeca

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