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    Oracle to Buy PLM Specialist Agile for $495M

    By
    John Pallatto
    -
    May 15, 2007
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      Oracle continued its relentless campaign of cherry-picking enterprise application software companies with a May 15 agreement to buy Agile Software, a producer of product lifecycle management products, for $495 million in cash.

      Oracle has acquired about 30 companies large and small over the past four years to build up its enterprise application portfolio. The acquisitions have been in almost every category, from ERP (enterprise resource planning) to CRM (customer relationship management) and grid computing to business intelligence.

      In the latest deal, Oracle agreed to pay $8.10 per share to acquire Agile, based in San Jose, Calif., whose PLM applications help manufacturing companies plan the design, production and distribution of products of every description.

      Oracle made it clear that the Agile acquisition is another building block in its project to outgrow archrival SAP by constantly expanding its product portfolio.

      “The addition of Agile, which will serve as the foundation of our PLM offering, will further Oracles strategy of delivering industry-specific enterprise applications and allows us to offer yet another strategic application to SAP customers,” Oracle President Charles Phillips said in a statement.

      The Agile acquisition will enable Oracle to create an integrated, enterprisewide PLM environment, Oracle officials said.

      /zimages/2/28571.gifClick here to read why Agiles own June 2006 acquisition of Prodika made the PLM software maker a more inviting takeover target.

      “Profitable production innovation is critical to product-based industries, making PLM one of the fastest-growing application segments,” the statement said.

      Other major IT companies are building up their PLM portfolios through both development projects and corporate acquisitions. IBM announced in December 2006 that it is building a Product Development Integration Framework aimed at making PLM, along with product design and engineering, a strategic process.

      IBM said it has recruited eight major PLM technology partners, including Agile Software, to collaborate in the development of the framework.

      IBM and Dassault Systemes, another major PLM technology provider, announced on May 11 the release of 3DLive for Online 3D Collaborative Intelligence, a PLM support system that allows all stakeholders in a product development project to share information and documentation.

      Siemens AG announced on May 8 that it had completed the acquisition of UGS, a PLM software and services provider. Siemens spent $3.5 billion to acquire UGS, which has been renamed UGS PLM Software, a unit of the Siemens Automation and Drives (A&D) Group.

      /zimages/2/28571.gifTo read why PLM technology leader USG decided to standardize its products on Microsofts .Net development platform, click here.

      Agiles customers include Acer, Johnson & Johnson, GE Medical Systems, Heinz, Lockheed Martin and Qualcomm. “With over 1,250 PLM customers and over 10,000 visualization customers globally, Agile has a proven track record of rapid successful implementations integration to a wide range of ERP and CAD systems,” Agile CEO Jay Fulcher said in a statement.

      “By becoming part of Oracle we can bring Agiles solutions to a wider audience and accelerate the advance of Enterprise PLM,” the statement said.

      Oracle expects the Agile acquisition to close in late July 2007, subject to stockholder and regulatory approval, company officials said.

      /zimages/2/28571.gifCheck out eWEEK.coms for the latest news, reviews and analysis about productivity and business solutions.

      John Pallatto
      John Pallatto has been editor in chief of QuinStreet Inc.'s eWEEK.com since October 2012. He has more than 40 years of experience as a professional journalist working at a daily newspaper and computer technology trade journals. He was an eWEEK managing editor from 2009 to 2012. From 2003 to 2007 he covered Enterprise Application Software for eWEEK. From June 2007 to 2008 he was eWEEK’s West Coast news editor. Pallatto was a member of the staff that launched PC Week in March 1984. From 1992 to 1996 he was PC Week’s West Coast Bureau chief. From 1996 to 1998 he was a senior editor with Ziff-Davis Internet Computing Magazine. From 2000 to 2002 Pallatto was West Coast bureau chief with Internet World Magazine. His professional journalism career started at the Hartford Courant daily newspaper where he worked from 1974 to 1983.

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