US based Oracle has acquired the intellectual property relating to environmental reporting software created by a Melbourne-based developer Ndevr. The Australian software developer Ndevr sold to Oracle the intellectual property pertaining to its greenhouse gas and environmental reporting software for Oracle's E-Business Suite and JD Edwards Enterprise One.
The company has been a JD Edwards/Oracle certified partner for over 10 years, and was instrumental in the formation of an Australian property and construction special interest user group for the local JD Edwards user community. However, the financial details of the transaction were undisclosed.
Commenting on the undertaking, Oracle officials noted that with Ndevr products as a part of Oracle, the firm expects to be able to deliver an improved ability to accurately model, capture, cost, analyze and report on carbon and environmental data, delivered as an Oracle product.
Oracle provides the world’s most complete, open, and integrated business software and hardware systems, with more than 370,000 customers—including 100 of the Fortune 500—representing a variety of sizes and industries in more than 145 countries around the globe. Oracle's product strategy provides flexibility and choice to customers across their IT infrastructure.
With Sun server, storage, operating-system, and virtualization technology, Oracle is the only vendor able to offer a complete technology stack in which every layer is integrated to work together as a single system. In addition, Oracle's open architecture and multiple operating-system options gives customers unmatched benefits from industry-leading products, including excellent system availability, scalability, energy efficiency, powerful performance, and low total cost of ownership.
Today Oracle is the gold standard for database technology and applications in enterprises throughout the world. The company is the world's leading supplier of information management software and the world's second largest independent software company. The acquisition of Sun gave Oracle a leadership role in the hardware arena as well.
Oracle technology can be found in nearly every industry, and in the data centers of 100 of the Fortune Global 500 companies. Oracle is the first software company to develop and deploy 100 per cent internet-enabled enterprise software across its entire product line: database, business applications, application development, and decision support tools.
The firm aims at becoming number one in middleware and applications. It is currently one of the foremost, leading database firms globally.
23 February 2011