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Technology Stocks : Oracle Corporation (ORCL)

ORCL 257.85

-1.8%

Nov 3 3:59 PM EST

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From: JakeStraw	10/24/2007 8:09:40 AM
	of 19079

Oracle Buys Strategic Operational Planning Technology Provider Interlace Systems biz.yahoo.com Wednesday October 24, 8:00 am ET Extends Oracle's Industry-leading Enterprise Performance Management System REDWOOD SHORES, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Oracle announced today that it has agreed to acquire Interlace Systems, a provider of strategic operational planning software. A key part of the enterprise performance management (EPM) segment, Interlace Systems software helps organizations, quickly and collaboratively, combine functional processes to address strategic operational planning needs. Its software uses a change-based data modeling server, connecting operational plans in an integrated model and allowing business planners across functions to rapidly change operational assumptions, reevaluate scenarios, assess business impact and update the plan of record.

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