Oracle in Talks to Acquire Demantra?
Via Red Herring.
As if 19 acquisitions in 18 months were not enough, Oracle is now likely to buy the Israeli company Demantra, a developer of demand-driven supply chain software, for $41 million cash, according to a report Wednesday.
Globes Online, the English version of Israel’s business daily Globes, reported on the possible acquisition. Demantra, which has Israeli roots, is now based in Waltham, Massachusetts. Neither company returned calls seeking comment on the possible deal.
Oracle has been on an acquisition spree since late 2004 when it announced the hostile takeover of business applications software provider PeopleSoft.