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Oracle Acquires Carleton Corporation to Enhance Data Warehousing Capabilities

Strategic Insights

— 1 min read

Oracle Corporation, the world's leading supplier of software for information management, has signed a definitive merger agreement to acquire Carleton Corporation, a pioneer in data quality and mainframe data extraction software. The acquisition aims to fortify Oracle's data warehousing solutions, particularly Oracle Warehouse Builder, by incorporating Carleton's Pure*Integrate and Pure*Extract software. This strategic move is expected to close by February 2000, subject to approval by Carleton's stockholders and certain other closing conditions.

Key Takeaways:

  • Oracle will acquire Carleton Corporation for approximately $8.7 million, with holders of Carleton common stock receiving approximately $2.45 per share.
  • Carleton's Pure*Integrate and Pure*Extract software will become part of Oracle Warehouse Builder, enhancing the industry's leading data warehousing solution for e-business intelligence applications.
  • Pure*Integrate will create a consistent, consolidated view of customer data by cleansing and validating name and address data to identify unique customers and households used in CRM e-business applications.
  • Pure*Extract will accelerate data preparation for a data warehouse by integrating data from more than 40 mainframe and legacy database systems, including VSAM, IMS, and DB/2.
  • One of the top technical priorities for IT departments post 2000 is to improve customer data quality, which Oracle aims to address through this acquisition.
  • The acquisition will bring solid data quality and mainframe data extraction software to enhance Oracle's industry-leading data warehousing and CRM solutions.

Statistics:

  • The acquisition will be paid in cash, with a total value of approximately $8.7 million.
  • Oracle's Data Warehouse Program Office has identified customer data quality as a top priority for IT departments post 2000.
  • Carleton's software will enhance Oracle Warehouse Builder, a framework for designing, generating, and loading enterprise data warehouses, data marts, and e-business intelligence applications.
  • Oracle serves more than 145 countries around the world, with annual revenues exceeding $9.1 billion.

Sources:

  • Oracle Corporation press release, November 9, 1999 (PRNewswire)
  • Carleton Corporation press release, November 9, 1999 (PRNewswire)
  • Carleton Corporation website, http://www.carleton.com/
  • Oracle Corporation website, http://www.oracle.com/
  • Oracle Corporation, Global Offices and Contacts, 650-506-7000

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