Oracle Corporation (ORCL) Acquires Order Automation Company BigMachines
Oracle Corporation (NYSE:ORCL) has acquired a company called BigMachines for an undisclosed amount. BigMachines is a cloud-based pricing, quoting, and configuration software that helps automates the sales process using guided selling, pricing, and workflow approval processes. The data compiled on BigMachines’ software can be accessed on any device.
BigMachines aims to help improve sales automation to include the creation of optimal quotes and enable sales personnel to configure and price complex products. Oracle is going to combine BigMachines into their own enterprise cloud products. BigMachines has around 275 customers including ADP, Siemens, and Coca-Cola.
BigMachines has software that is tailored for both small and large companies. The smaller company software, BigMachines Express, is built on Salesforce.com’s Force.com. The software for larger companies are based on Oracle and Java. BigMachines software is also integrated with Salesforce.com, SAP, and Microsoft applications. Going forward, BigMachines business will “continue as usual.” Oracle will continue to invest in the development and existing integrations with third party sales force automation systems.
The deal is expected to close later this year.