Five Minute Briefing - Information Management
December 20, 2012
Five Minute Briefing - Information Management: December 20, 2012. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
GT Software, a provider of enterprise modernization solutions has released Fujitsu NetCOBOL for .NET v5.0, which enables COBOL developers to work on the latest version of Microsoft's Visual Studio development environment with more flexibility and stability regardless of application. It also features updates that improve the user experience and deliver enhancements to the process of developing key business applications.
IBM has entered into a definitive agreement to acquire StoredIQ Inc., a privately held company based in Austin, Texas. IBM says StoredIQ will advance its efforts to help clients derive value from big data and respond more efficiently to litigation and regulations, dispose of information that has outlived its purpose and lower data storage costs. The acquisition is about "information economics," Ken Bisconti, VP of ECM Marketing, IBM, tells 5 Minute Briefing. "It is really about managing the value of content and information, and helping also to dispose of it defensibly as it becomes of less value."
Oracle has agreed to acquire Eloqua, Inc, a provider of cloud-based marketing automation and revenue performance management software for $23.50 per share or approximately $871 million, net of Eloqua's cash. "Eloqua's leading marketing automation cloud will become the centerpiece of the Oracle Marketing Cloud and is an important addition to the Oracle Customer Experience offering, which includes the Oracle Sales Cloud, Oracle Commerce Cloud, Oracle Service Cloud, Oracle Content Cloud and Oracle Social Cloud," said Thomas Kurian, executive vice president, Oracle Development. The board of directors of Eloqua has unanimously approved the transaction, which is expected to close in the first half of 2013, subject to Eloqua stockholder approval, regulatory approvals and other customary closing conditions.