Minnesota Morning
Minnesota Teen Pleads Not Guilty To Deaths Of Friends But Confesses On MySpace

Stellent Acquired By Oracle

Another Twin Cities tech company is acquired by one of the big boys. Last year Oracle acquired Retek and this time around it gets Stellent for $440 million.


The good news is that the local workers jobs seem safe for now. They are getting a very talented team and this certainly sets up Oracle to be a leader in content management software. I can imagine what the folks at Stellent are thinking knowing they have access to a massive R&D budget.


Local coverage:

Oracle to pay $440 million for Stellent

Oracle to buy Stellent


National coverage:

Oracle Snares Stellent for Content Management

Oracle pulls out checkbook for Stellent 


The comments to this entry are closed.