Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Applications
    • Applications
    • Database

    Oracle to Buy Interlace Systems

    By
    Renee Boucher Ferguson
    -
    October 24, 2007
    Share
    Facebook
    Twitter
    Linkedin

      Oracle is buying Interlace Systems, a company that develops on-demand operational planning software that helps business planners change operational assumptions on the fly, re-evaluate scenarios and assess business impacts.

      The terms of the deal, which was announced Oct. 24, were not disclosed.

      Interlace Systems software will fit into Oracles Enterprise Performance Management suite, with the goal of providing a common perspective across financial and strategic planning. Oracles EPM suite is a component of the Redwood Shores, Calif., companys Fusion Middleware platform.

      Interlaces software is used to support different operational planning processes—consensus demand plan creation or sales and operational planning—and is sold to both midmarket and large companies in the consumer goods, industrial manufacturing and high tech industries, according to Interlace, of San Mateo, Calif.

      Customers include industrial manufacturer Eaton, Seagate Technologies, Mitsubishi Caterpillar Forklift America and wireless communications network supplier Powerwave Technologies.

      “In todays global economy, organizations need a streamlined planning process that links strategic operational plans to the financial plan of record,” Thomas Kurian, Oracle senior vice president of server technologies, said in a statement.

      “The combination of Interlace Systems and Oracle will help enable business planners to rapidly evaluate the impact of changes to business assumptions across all plans.”

      Interlace develops a suite of software, Integrated Business Planning, that integrates data from business planning and execution systems, with the goal of helping users view gaps between financial and operational plans.

      The acquisition of Interlace, expected to close in November, is Oracles 10th purchase this year, and its 36th acquisition since 2005. Oracle is also in the midst of trying to acquire middleware company BEA Systems for $6.6 billion.

      Check out eWEEK.coms for the latest news, reviews and analysis about productivity and business solutions.

      Renee Boucher Ferguson

      MOST POPULAR ARTICLES

      Big Data and Analytics

      Alteryx’s Suresh Vittal on the Democratization of...

      James Maguire - May 31, 2022 0
      I spoke with Suresh Vittal, Chief Product Officer at Alteryx, about the industry mega-shift toward making data analytics tools accessible to a company’s complete...
      Read more
      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2022 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×