Oracle Buys Endeca
By Mike.Hallett@Oracle-BI&EPM on Nov 04, 2011
On October 18, 2011, Oracle announced it has entered into an agreement to acquire Endeca, a leading provider of unstructured data management, web commerce and business intelligence solutions. The transaction is subject to customary closing conditions and is expected to close before the end of 2011.
After the transaction closes, Oracle with Endeca plans to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together enabling businesses to make stronger and more profitable decisions. Adding Endeca Latitude software to Oracle Business Intelligence Enterprise Edition (OBI EE) is expected to provide a single unified user interface for analysis of structured and unstructured data.