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Oracle to Acquire Captovation
<a href="http://money.cnn.com/2008/01/17/technology/oracle_captovation.ap/index.htm?section=money_topstories">CNN Money</a>, <a href="http://www.siliconvalley.com/ci_7995372?source=rss_viewed">SiliconValley.com</a>
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An hour after acquiring BEA, Larry Ellison was apparently hungry again. Today Oracle announced its agreement to buy document imaging software manufacturer Captovation.The purchase is expected to go through sometime next month. Terms of the acquisition of the privately held, Minneapolis-based Captovation were not disclosed in the announcement. The Captovation software is expected to be folded into Oracle's enterprise content management product.
Oracle has been on a shopping spree over the past three years, spending more than $25 billion to swallow up multiple competitors and smaller firms. Forreter Research analyst Ray Wang guessed that 80 to 100 companies visit Oracle every month, saying, "Can you buy us?"CNN Money, SiliconValley.com
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