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Oracle Stacks Utilities Suite

Wednesday Apr 25th 2007 by DatabaseJournal.com Staff

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

[From internetnews.com]

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.

The article continues at http://www.internetnews.com/bus-news/article.php/3673786

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