Thursday, November 02, 2006

Oracle Buys Stellent: Financial News - Yahoo! Finance

"Oracle (Nasdaq: ORCL - News) today announced that it has agreed to acquire Stellent, Inc. (Nasdaq: STEL - News), a global provider of enterprise content management (ECM) software solutions, through a cash tender offer for $13.50 per share, or approximately $440 million."

Note: Futher enterprise software consolidation led by ORCL.

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