Oracle Announces Acquisition of mValent
Oracle agrees to acquire mValent, a provider of application configuration management solutions. mValent is expected to enhance Oracle Enterprise Manager with extensive capabilities for managing application configurations across IT environments.
Customers are expected to benefit from increased operational productivity through automation, enhanced audit and governance and improved application uptime. The transaction is subject to customary closing conditions and is expected to close the first half of 2009. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.
Customers are expected to benefit from increased operational productivity through automation, enhanced audit and governance and improved application uptime. The transaction is subject to customary closing conditions and is expected to close the first half of 2009. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.