FatWire is a "customer experience management company," which means that it helps businesses make their online services work better. Its products include content management, community forums, mobile platforms and the like. ReadWriteWeb says Oracle is "deepening its investments in the world of customer-facing Web experiences as company Web sites move towards replacing the telephone as the most important means of contact with a company." That site also speculates that Oracle is buying FatWire in response to similar moves by Adobe (ADBE), which acquired Day Software last year.
Oracle's last acquisition was of e-commerce company ATG.
Oracle says that with FatWire it will help companies "drive customer retention and loyalty through improved online engagement – across Web, mobile and social channels." (Though ReadWriteWeb notes that FatWire is weak on social media.)
Look for Oracle to integrate FatWire into its Oracle Customer Relationship Management suite of products. It's not clear whether Oracle really wanted FatWire's tech, or if they're more interested in "acqhiring" the FatWire team -- a trend among startups, most prominently Facebook, who have been purchasing smaller firms in order to retain their engineering talent. FatWire has been in the news before, as last year EMC (EMC) was rumored to be interested in picking the company up, a deal that never happened. Instead, they signed an agreement to partner up on some projects, and it's unclear how Oracle's acquisition of FatWire might affect that. Terms of the acquisition were not disclosed.
Oracle and Hewlett-Packard rarely miss an opportunity to diss each other. The latest round of press releases and quarterly earnings calls are no exception.
Earlier this week Oracle (ORCL) issued an oddly-worded announcement saying it would halt all development on software compatible with Intel's (INTC) Itanium microprocessor, and took the opportunity to point out that HP (HPQ) CEO Leo Apotheker did not mention his plans for Itanium in a recent presentation MOREMichal Lev-Ram, writer - Mar 25, 2011 11:40 AM ET
|5 people you might not tip (but should)|
|Many recalled cars won't be repaired|
|Where you live plays a big role in your total income tax bill|
|When she earns more than he does - More Money|
|Lara Spencer promoted to 'Good Morning America' co-host|