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Oracle Acquires Stellent for Enterprise Content Mgt

Oracle agreed to acquire Stellent, a provider of enterprise content management (ECM) software solutions, through a cash tender offer for $13.50 per share, or approximately $440 million.

Stellent’s Universal Content Management helps companies deploy multiple line-of-business applications — such as public Web sites, secure intranets and extranets, compliance processes, and marketing brand management — and also scale the technology to support multi-site management and enterprise-wide content management needs.

Oracle said the acquisition of Stellent will complement and extend its existing content management solution portfolio. Oracle Content Database enables enterprises to store and centrally manage unstructured content in Oracle databases.

http://www.oracle.com

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