Oracle Buys Endeca

Oracle announces that it has entered into an agreement to acquire Endeca Technologies, Inc., a provider of unstructured data management, web commerce and business intelligence solutions.

 

Steve Papa, chief executive officer at Endeca said that the company brings deployments with large enterprises in key industries such as retail, distribution, media and publishing, government, and manufacturing and consumer packaged goods – many of these customers are also Oracle customers.

 

A privately-held company based in Cambridge, Mass., Endeca provides products that aim to help companies analyze unstructured data, gain better business intelligence, and deliver a superior customer experience.

 

The combination of Oracle and Endeca is expected to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together. The combination of Oracle ATG Commerce and Endeca InFront is expected to enhance cross-channel commerce, merchandising, and online customer experiences. The combination of Oracle Business Intelligence and Endeca Latitude is expected to provide a comprehensive business intelligence foundation and analytic applications, bringing together information from structured and unstructured data sources.

 

The transaction is subject to customary closing conditions and is expected to close before the end of 2011. Until the deal closes, each company will continue to operate independently.