Oracle Buying Primavera Systems
Oracle has agreed to acquire Primavera Systems Inc., a Bala Cynwyd, Pa.-based provider of project and portfolio management software, from Insight Venture Partners and Francisco Partners. No financial terms were disclosed. Insight and Francisco sponsored a recapitalization of Primavera Systems in 2006, and reportedly committed up to $200 million in combined equity
8 October 2008•2 mins read
