Oracle Buys AdminServer

Thursday May 15th 2008 by DatabaseJournal.com Staff
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Oracle announces that it has agreed to acquire AdminServer, a rapidly growing provider of insurance policy administration software.

[From Oracle Corp.]

REDWOOD SHORES, Calif., 13-MAY-2008 05:00 AM Oracle announced today that it has agreed to acquire AdminServer, a rapidly growing provider of insurance policy administration software. AdminServer's product offering will become a core component of Oracle's existing insurance industry software that is used by more than one thousand insurers, including 20 of the top 20 global insurance companies. AdminServer's product offering will become a core component of Oracle's existing insurance industry software that is used by more than one thousand insurers, including 20 of the top 20 global insurance companies.

The article continues at http://www.oracle.com/corporate/press/2008_may/adminserver.html?rssid=rss_ocom_pr

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