Oracle Extends ECM with Captovation

January 18, 2008: In a bid to extend its enterprise content management capabilities, Oracle has announced that it will be acquiring document capture solutions specialist Captovation.

The acquisition is expected to strengthen Oracle's potent Enterprise Content Management (ECM) software portfolio, providing an integrated and automated solution for overall transactional content management that it claims will help reduce costs, streamline critical business processes and simplify regulatory compliance.

Oracle says Captovation's software will become a core component of its ECM offering, a component of its Fusion Middleware - the industry's fastest growing technology foundation for Service-Oriented Architecture.

“Oracle is committed to expanding its leadership in the ECM segment by creating the most complete, integrated, usable, manageable and hot pluggable content management platform through organic growth and intelligent acquisitions,” said Thomas Kurian, Senior Vice President at Oracle Server Technologies.

“By adding document capture to Oracle's leading content management, process automation and back office applications, Oracle will be the only vendor that can provide customers with a fully integrated solution for automating back office operations.”

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