ORACLE TO ACQUIRE MAINFRAME DATA EXTRACTION SOFTWARE FIRM.(Company Business and Marketing)

Mainframe Computing, January, 2000

Oracle Corporation (Nasdaq: ORCL) and Carleton Corporation (Nasdaq: CARL) have signed a definitive merger agreement for Oracle to acquire Carleton, an early innovator of data quality and mainframe data extraction software for customer-focused data warehousing applications. The acquisition will be effected through a cash merger pursuant to which holders of Carleton common stock will receive approximately $2.45 per share or $8.7 million in the aggregate. The parties anticipate closing the transaction by the end of February 2000, which is subject to approval by Carleton's stockholders and certain other closing conditions.

The Carleton acquisition enhances Oracle Warehouse, the industry's leading and most extensive solution for data warehousing and e-business...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
CXO UnpluggedSmart Business interviews on BNET

See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here