Oracle has acquired substantially all the assets of Sophoi, Inc. ("Sophoi"), a provider of Intellectual Property (IP) Rights and Royalty Management software. Sophoi applications automate content rights, royalties and sales functions, and provide a scalable enterprise software solution that is built for the specific needs associated with the production and distribution of content by media and entertainment companies. The Sophoi software is immediately available as Oracle Media Intellectual Property Management.
The addition of Oracle Media Intellectual Property Management will strengthen Oracle's solution for media and entertainment companies and enable customers to better manage IP development and acquisition, sales and licensing and royalties and accounting. The combination of this product with Oracle CRM, financial applications and Oracle's communications industry software solutions is expected to connect content providers, aggregators and communications service providers across the digital content value chain.