Oracle acquires Demantra to expand its supply chain planning applications

Filed in archive merger and acquisition on June 5, 2006

Business software maker Oracle Corp. has agreed to buy Demantra, a provider of demand-driven planning solutions, to expand its supply chain planning applications, SDA Asia reported. Financial details of the deal were not disclosed.

Demantra offers solutions for demand management, sales and operations planning and trade promotion planning and optimisation.

The company said together with oracle's existing supply chain and ERP applications, customers can more proactively manage complex, global supply chain operations.

"Oracle and Demantra's complementary products will deliver information-rich, adaptive business processes to enable an effective, demand-driven supply chain," said Oracle Senior Vice President of Applications Development Rick Jewell.

The company expects the transaction to close in June.

Oracle is in the process of rewriting its software to create Fusion, a sort of super set of software based on the E-Business Suite framework that pulls in the "best of" functionality from PeopleSoft, JD Edwards, Seibel Systems and possibly other vertical applications Oracle has acquired.