Oracle buys InQuira to in latest acquisition

Published July 29, 2011 by
Technology - General News

REDWOOD SHORES, Calif. (AP) ? Business software maker Oracle Corp. has bought InQuira to expand its selection of products that help companies keep their customers happy.

Financial terms of the deal announced Thursday weren’t disclosed. That’s an indication that the price wasn’t big enough to be considered a significant amount of money for Oracle, whose revenue totaled nearly $36 billion in its most recent fiscal year ending in May.

Privately held InQuira specializes in software that helps run online customer service centers. Founded nine years ago, InQuira is based in San Bruno, not far from Oracle’s Redwood Shores headquarters.

Oracle has engineered more than 70 acquisitions during the past seven years in an effort to create a one-stop shop for business software.

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