Oracle to buy Menlo Park software company Skire

Skire was founded in 2000 and offers cloud-based and on-premise software aimed at managing large construction projects and multiple facilities. Oracle will combine the software with a similar product called Primavera, which it acquired in a 2008 deal. Skire’s management and employees will join Oracle’s Primavera unit when the acquisition is complete, Oracle announced…Skire is the fourth company Oracle has acquired in the past three months: The Redwood City company purchased social-media software companies Involver, Collective Intellect and Vitrue since May. Those deals followed larger acquisitions of cloud-based companies RightNow technologies in October and Dublin-based Taleo in February, acquisitions that led to last month’s launch of Oracle Public Cloud.

(Curated by Dennis Moore. Read the complete article here)

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