Friday, November 03, 2006

Oracle Buys Stellent

ORACLE TO ACQUIRE STELLENT

"EDEN PRAIRIE, MN, Nov. 2, 2006 Stellent, Inc. (Nasdaq: STEL), a global provider of content management solutions, today announced a definitive agreement for Oracle to acquire Stellent through a cash tender offer for $13.50 per share, or approximately $440 million.

..."

I've been using their OutsideIn technology (The tech behind QuickView, etc) for years now... I wonder how this will affect that product line?

It looks like Oracle bought them for their Content Management System. I hope their Component Division (where OutsideIn lives) doesn't die...

Since OutsideIn is a key technology (at least in the fields/ apps/ areas/ industries/ etc where it's used) with few competitors, they wouldn't let it die...would they? (sigh...)

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