Oracle Looks To The Future

Enterprise Software giant Oracle produces the second biggest IT deal of the week, with its agreement to acquire Primavera Software. By snapping up the leading provider of project portfolio management (PPM) solutions, Oracle is looking to increase momentum in its delivery of mission critical operational applications, and to create the 'first comprehensive enterprise project portfolio management solution for project-intensive industries'. The PPM software that Primavera produces is used by clients to assist them in proposing, prioritising and selecting project investments, as well as planning and managing complex projects and project portfolios.Oracle plans to leverage its own existing technologies with Primavera's

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