Oracle Corp. (NasdaqGS: ORCL - News) has entered into an agreement to acquire Endeca Technologies, a leading provider of unstructured data management, web commerce and business intelligence solutions. The deal, the financial terms of which remain under wraps, is scheduled to close by the end of 2011.
Read more on this acquisition. Sourced by Yahoo Finance
Alexander 'Sandy' Chiang said:
I was wondering when this would happen. I haven't personally used Endeca's technology as I mostly focus on the front end but I've only heard great things about how they handle unstructured data for analysis. From what I understand, they started off building this technology for building easy search structures for websites that have a ton of inventory.Home Depot and Walmart are an example of companies running off of Endeca's technology.
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