• 03/29/2005
    1:00 PM
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Oracle Opens Its Wallet for Oblix

Oracle's break from the M&A market was short-lived; Oblix is Ellison's latest conquest
So, just a matter of days after Larry Ellison promised that Oracle Corp. (Nasdaq: ORCL) would take a hiatus from the M&A market, he is at it again (see Oracle Closes Its Wallet ).

Fresh from bagging PeopleSoft Inc. (Nasdaq: PSFT) and beating SAP AG (NYSE/Frankfurt: SAP) to the punch for Retek, Oracle has now gobbled up security specialist Oblix (see Oracle Takes Control of PeopleSoft , Oracle Acquires Retek, and Oracle Gets Hold of Oblix). Oracle has not yet revealed the value of the deal.

Identity management is hot stuff at the moment. As enterprise IT systems become increasingly complex, handling who gets access to what is becoming a major headache for IT managers.

Against this backdrop, vendors are looking to boost their product portfolios. Last October, for example, Computer Associates International Inc. (CA) (NYSE: CA) stumped up $430 million for Netegrity, prompting a flurry of activity from rival vendors (see CA Nets Netegrity for $430M).

At the time, there was speculation that Oblix might be a good fit for Oracle, which is looking to boost its security story across multiple application platforms (see Identity Management Heats Up).

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