Oracle Acquisition Management software development company Skire

July 19 News, according to Reuters, the famous http://www.aliyun.com/zixun/aggregation/18122.html "> Software developers Oracle recently announced the acquisition of private holding management software development company Skire, But the exact amount of the acquisition is unknown.

It is reported that the acquisition of Skire is the fifth time this year Oracle merger and acquisition transactions. Earlier this year, Oracle bought web software developer Taleo at a price of 1.9 billion dollars.

As an enterprise management software developer, Skire is headquartered in California, founded in 2000. Its clients include the world's largest beer maker Anheuser-Hill Inbo (Busch InBev NV), paper company Boise, DTE Energy (DTE) and Exille Energy (Xcel) and other well-known enterprises. Oracle says it will use its software to help clients manage their project timelines and budgets, so that customers can improve their productivity and reduce their operating costs.

Oracle said the acquisition of Skire is expected to be completed in the second half of this year. Skire's products will then become part of Oracle's portfolio of project management solutions for large enterprises.

Oracle's quarterly results, released last month, have been strong, with new software license sales soaring. IBM, its rival, also raised its full-year profit forecasts, reflecting the ability of the software giant to effectively control costs as global technology development costs rise.

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