Financial terms of the deal weren't disclosed, but some reports pin the value at more than $20 million. 4thpass will operate as part of Motorola's Personal Communications Sector with major offices in Seattle, where the company is based.
Previously, Motorola had been a major investor in the 15-month-old company, joining Nextel Communications, Investcorp, and OVP Venture Partners in a single $8 million round of financing.
Forrester - Competition Intensifies For the SMB ERP Customer
Oracle has been a quiet but significant player in the SMB space, with more than 19,000 SMB apps customers for Oracle E-Business Suite (EBS), PeopleSoft Enterprise, and JD Edwards. As Fusion Middleware represents Oracle's integration strategy, Oracle Accelerate represents the centerpiece...

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