Oracle to acquire Stellant, a global provider of enterprise content management (ECM) solutions.
This is an $440 million deal i.e., $13.50 per share and with this Oracle moves up from the challenger position to Leader in ECM market as per this Gartner’s ECM market quadrant chart.
After the IBM’s Filenet and OpenText’s Hummingbird deals now its Oracle’s turn. Now who’s next HP or EMC to jump in for acquisition?