Oracle is set to acquire software developer Endeca, which is backed by both Intel and SAP, for an undisclosed sum.
Technology conglomerate Oracle on Tuesday acquired US-based software company Endeca Technologies. The amount paid for Endeca, backed by Intel and SAP, is currently undisclosed, with the deal expected to close before the end of the year.
Semiconductor manufacturer Intel and software conglomerate SAP Ventures invested in Endeca’s $25m series F round in January 2008.
Additional investors in Endeca, which develops software platforms to aid businesses in both web commerce and data analytics, include venture capital firms Venrock, Bessemer Venture…
