Continuing its remarkable spell of acquisitions, Oracle declares to snap-up the software application management firm ClearApp, which has specialization in developing software that align with the Service-Oriented Architecture (SOA) environs.
The database giant has stated that the technologies from the ClearApp would help the company in the better administration of its Enterprise Manager Platform, and thereby help in enhancing the service availability to its customers while cutting the IT operations costs.
ClearApp is based in Montain View, California and is currently delivering its IT management solutions to IBM’s WebSphere.
The deal is expected to close in the later part of this year and the contract value hasn’t been disclosed yet.
Oracle is on high buying spree and has purchased as many as 18 companies in last two years that include the voluminous buyout of BEA Systems worth USD8.5 billions.
The move clearly marks a paradigm shift in working patterns of the organizations with the advent of the concept of SOA and gradually the entire industry is buckling up to reap the fruits of the technology, for maximizing profits and productivities.