OPPORTUNITIES THROUGH ORACLE'S CLEARAPP ACQUISITION
On September 2, 2008, Oracle announced it has entered into an agreement to acquire ClearApp, a leading provider of application management solutions for composite applications.
ClearApp addresses the increasingly difficult task of managing composite applications built on SOA platforms by providing visibility of business services across all related application components. The combination of ClearApp products and Oracle Enterprise Manager is expected to provide customers with a comprehensive application management solution that delivers enhanced service levels, reduced system down-time and improved return on SOA investments.
The transaction is subject to customary closing conditions and is expected to close in the second half of 2008.