Oracle to buy big project portfolio management player (Network World)
Primavera Systems. I heard more about SAP as a possiblity than Oracle. I'm guessing the price tag is probably close to a billion,
perhaps a little less in today's market environment. It would not be surprising to see more Oracle acquisition activity in the
Philly area, perhaps in the Healthcare IT or Insurance verticals.

Oracle + Primavera (ZDNet Blogs)

Oracle Acquires Primavera – Leading Front Office and Back Office Project Management Vendors Portends Big Changes in Project Based Solutions and in Project Portfolio Management Markets (Forrester Blog)


Francisco Partners, Insight reap rewards of Primavera investment
(Tech Confidential: THe Deal)


Note: It is now after 3 pm EST and the deal was announced around 8 am, but I still don't see anything on it on either the Inquirer's or Business Journal's websites.




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