Oracle to acquire Endeca
Oracle has announced an agreement to buy Endeca, a provider of unstructured data management, Web commerce and business intelligence solutions. Endeca's core technology, the MDEX Engine, enables organizations to correlate and analyze unstructured data, while Endeca InFront provides customer experience management and Endeca Latitude offers business intelligence capabilities.
The combination of Oracle and Endeca is expected to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information, according to a press release from Oracle. The company adds that the combination of Oracle ATG Commerce and Endeca InFront will enrich cross-channel commerce and online customer experiences, while the integration of Oracle Business Intelligence and Endeca Latitude will provide a comprehensive business intelligence foundation and analytic applications.
"Together, we will provide best-in-class technology to manage structured and unstructured data; business intelligence tools to analyze structured and unstructured data; and a broad suite of packaged applications, which extends the value of unstructured data into ERP, supply chain, CRM, EPM, Web commerce and specialized applications," says Thomas Kurian, executive VP, Oracle Development. "This deal will also allow us to integrate more comprehensive unstructured data management into Oracle's engineered systems."
The acquisition, subject to customary closing conditions, is expected to close before the end of the year. Each company will continue to operate separately until the deal closes.