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While you were sleeping...Oracle acquires Captovation
Lost in the rubble of Oracle's acquisition of BEA was its much smaller acquisition of Captovation, a middling document capture firm that positions Oracle to compete in the cash-rich imaging market. As CMS Watch reports:
We...believe that Oracle's 2006 acquisition of Stellent was in part driven for their desire for the somewhat neglected Optika technologies, which provide high-end imaging capabilities. The acquisition of Captovation today confirms that, and provides Oracle with a platform...to compete head to head with EMC and IBM / FileNet for major imaging driven deals (still the ECM deals with the largest price tags). … Read more
