Oracle Buys Tacit Software

Oracle acquires the intellectual property assets of Tacit Software and its automated profiling technology, a location solution that helps organizations uncover new opportunities for collaboration. Oracle plans to integrate Tacit Software into Oracle Beehive, a secure, integrated, standards-based enterprise collaboration platform. The combined solution is expected to enable enterprises to make effective and immediate use of the knowledge present in their people, messaging and content. Financial details of the transaction were not disclosed.