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October 18, 2011

Oracle acquires Endeca

The trend that can trace its immediate roots back to when Microsoft acquired FAST and HP acquired Autonomy continues today as Oracle has announced it is acquiring privetely held Endeca. Forbes reports that Endeca has raised up to $70M; and in July reported its sales are running at $150M annually. Details have not yet been released. More to come on this as it develops.

 

Update: Oracle's slide presentation on the deal at http://bit.ly/qHNCeH

 

 

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