It appears 2010 will be another busy year for acquisitions and mergers, with Oracle announcing this week that it has purchased data quality software vendor Silver Creek Systems, of Westminster, Colo. Terms of the deal were not disclosed.
Silver Creek offers software which helps companies simplify and standardize product descriptions commonly found in many industries. Achieving improved product data quality can benefit companies in a number of ways, Oracle said in a presentation on the purchase, including providing for consistent and accurate data for use in sales, design, procurement, fulfillment, billing and other business operations.
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