Oracle Stacks Utilities Suite

Tuesday Apr 24th 2007 by Staff

The applications vendor buys Lodestar to offer the utilities industry a wider range of management software tools.


Oracle agreed to acquire meter data management applications vendor Lodestar today for an undisclosed sum.

The acquisition complements Oracle's existing applications suite for utilities management and gives the vendor an even stronger foothold in an industry that has seen greater competition emerge in the wake of deregulation.

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