Oracle buys Web management firm FatWire

Jun 21, 2011
The Oracle logo is displayed on the company's headquarters in Redwood Shores, California. US business software giant Oracle announced the acquisition on Tuesday of Web management company FatWire Software.

US business software giant Oracle announced the acquisition on Tuesday of Web management company FatWire Software.

Financial terms of the transaction were not disclosed.

"Increasingly, more companies have come to rely on their websites as the most important channel for communication, marketing, customer engagement and commerce," Oracle said in a statement.

"FatWire's proven solutions provide organizations with the ability to deliver relevant customer content, build community engagement and drive site stickiness and ," it said.

Oracle Hasan Rizvi said the addition of FatWire products to Oracle's offerings "will give Oracle the ability to provide a complete suite of software that empowers Web marketers to engage visitors."

FatWire president and chief executive Yogesh Gupta said the acquisition "is expected to provide FatWire customers with dramatically expanded products and services to help them achieve their online customer experience goals."

Oracle said the deal is expected to close in mid-2011.

Fatwire was founded in 1996 and is based in Mineola, New York. It boasts 500 customers in 11 countries in various sectors including financial services, media, technology, manufacturing, the , retail and health care.

Explore further: Why the Sony hack isn't big news in Japan

add to favorites email to friend print save as pdf

Related Stories

Ellison: Oracle has $4 billion case against SAP

Nov 08, 2010

(AP) -- Oracle Corp. CEO Larry Ellison turned up the pressure in an industrial espionage trial Monday by testifying that archenemy SAP AG should have paid $4 billion for licenses to Oracle software.

Oracle to Buy PLM Specialist Agile for $495M

May 16, 2007

Oracle will spend $495 million to acquire Agile Software, a developer of product lifecycle management applications, as it continues its relentless campaign to outgrow SAP through corporate buyouts.

Recommended for you

China's Xiaomi raises more than $1 bn in funding

6 hours ago

China's top smartphone seller Xiaomi Corp. is raising more than $1 billion in a fresh round of funding, a move which would raise its valuation above $45 billion, a report said Sunday.

Why the Sony hack isn't big news in Japan

Dec 20, 2014

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

Dec 20, 2014

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

Dec 20, 2014

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.