Featured Video, Video

Husni Hammoud on bringing Ivanti to the Middle East

Having recently launched its Dubai office, Ivanti hosted its first Partner Kick Off event in the region in April, highlighting the firm's new strategy around bringing siloed areas of a business together.
Don't show me again
News

Oracle buys drug-design software maker's IP

Oracle said it has bought the intellectual property of Conformia Software, maker of software for managing the design and development of drugs. Terms of the deal were not disclosed.

Oracle plans to integrate Conformia's technology into its own PLM (product lifecycle management) offering, as well as tie it into other Oracle applications and third-party sources, the company said in a statement.

While likely modest, especially compared to its pending deal to buy Sun Microsystems, Oracle's latest move fits into its larger strategy of pursuing vertical markets in search of growth.

Meanwhile, Conformia has had ties to Oracle's rival, SAP. The latter's NetWeaver Fund made an investment in Conformia in 2007, according to an SAP press release.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

GET TAHAWUL TECH IN YOUR INBOX

The free newsletter covering the top industry headlines