Oracle Corporation Acquires Instantis

Oracle Corporation has acquired Instantis for an undisclosed amount of money.  This will help bolster Oracle’s Fusion cloud applications.  Some of Instantis’ customers include Abbott Laboratories, Credit Suisse Group AG, and Xerox Corporation.  Instantis sells project portfolio management software tools to help IT help desks and product managers track how the progress of their projects is going.  Oracle will be integrated Instantis into their Primavery software division once the deal closes.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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