Good news for Visio. ORACLE to fully integrate technology which also supplies a Visio interface -- the Concentra software uses Visio to present a diagram and schematic view. Notice Oracle will use this setup for "both its front office and manufacturing product lines." This would seem to mean that Visio immediately has access to what is no doubt a huge customer base. Also, one wonders if a "closer tie-up" with Oracle is in the cards for Visio?
Oracle (NASDAQ:ORCL) to buy Concentra for $43 mln
Reuters, Tuesday, November 10, 1998 at 23:47
REDWOOD SHORES, California, Nov 10 (Reuters) - Software
company Oracle Corp said on Tuesday it has signed an agreement
to buy the remaining shares of Concentra Corp (NASDAQ:CTRA) for $7
each, or about $43 million.
Oracle said in a statement the closing of the tender offer
is subject to it acquiring at least 51 percent of Concentra's
stock and regulatory approvals.
Oracle will become the sole stockholder of Concentra. The
transaction is expected to close near the end of the year.
Oracle will use Concentra's configurator engine in both its
front office and manufacturing product lines.
Concentra's flagship product, SellingPoint, will be
available immediately from Oracle, will be completely
integrated into Oracle applications, and will also continue to
be available on a standalone basis.
(Previous announcement)
Integration of Visio Technology Adds New Dimension to Concentra's SellingPoint, Enabling Salespeople and Customers to Visualize Product Configurations
BusinessWire, Monday, October 19, 1998 at 09:27
BURLINGTON, Mass.--(BUSINESS WIRE)--Oct. 19, 1998--
Diagrams and schematics to enhance SellingPoint applications,
increase sales effectiveness
Concentra Corporation (NASDAQ:CTRA), a worldwide provider of
sales effectiveness solutions, today announced the availability of
SellingPoint(R) integrated with Visio technology to improve sales
effectiveness of networked systems. The integration of Visio
technology with SellingPoint, Concentra's enterprise selling system,
will enable salespeople to use industry-standard visualization tools
to present buyers of high-tech equipment with diagrams and schematics
of custom product configurations.
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