resource center
  See your link here
|
IDG News Service - Oracle Corp. said today it is purchasing Relsys International, a maker of drug safety and risk management software, a move that ties into its ongoing strategy to tap verticals.
The deal is expected to close in the first half of this year. Terms were not disclosed.
Many of the world's largest pharmaceutical companies use Relsys' software, which pharmaceuticals, biotech companies and other organizations use to track and analyze safety-related data.
The Irvine, Calif., company will "bring significant domain knowledge and experience" to Oracle's health sciences global business unit, Oracle said in a statement.
Oracle's move "makes a lot of sense" given the political climate in the U.S., said Redmonk analyst James Governor.
"We're likely to see a stronger FDA and related approval processes under the Obama administration," Governor said. "Health care is also one of the verticals set to benefit from any big initiatives to fix U.S. health care."
But health care is not the only vertical that Oracle is pursuing in search of new growth and its battle against rival SAP AG in the ERP arena.
Last year, Oracle bought two companies that make software for the insurance industry. And in October, it scooped up Primavera, a top project portfolio management vendor with customers in verticals such as construction and utilities.
IDG.net
The Commercialization of ITIL: Lessons Learned
Register for this event today!
Oracle Accelerate - Not Just Smart but Timely
Download Now!
Key Findings: Accelerating ROI with BPM
Click here to watch now!
Why BI is Ripe - Now! - For Businesses of Any Size
Download Now!
Data Protection is not an insurance policy -you cannot buy-back lost data
Find out why you need to maintain access to critical information to run your business and remain competitive.
Sign up to receive updates on the latest Software resources
Strategic Content ManagementLearn how the right Enterprise Content Management (ECM) solution can start saving you money within a week and pay for itself in as little as three months. These case studies and white papers provide practical information on how to go from theory to reality - to help you put together a plan that will achieve your content management and process automation goals. Enter the Strategic Content Management Zone now |
CIO
Computerworld
CSO
DEMO
GamePro
Games.net
IDC
IDG
IDG Connect
IDG Knowledge Hub
IDG TechNetwork
IDG Ventures
IDG.net
InfoWorld
ITwhitepapers
ITworld
JavaWorld
LinuxWorld
Macworld
Network World
PC World
The Industry Standard
Copyright © 1994 - 2009 Computerworld Inc. All
rights reserved. Reproduction in whole or in part in any form or medium
without express written permission ofComputerworld Inc. is prohibited. Computerworld and Computerworld.com and the respective logos are trademarks of International Data Group Inc. |
