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Oracle to Divest Siebel's OnTarget Business

  • February 23 2006, 1:00am EST

Oracle Corporation announced it will divest its OnTarget business unit, which is part of Siebel University. After conducting a careful review of OnTarget, Oracle determined that despite its long history of successful outcomes, the unit is not core to Oracle's business strategy.

OnTarget is a leading sales methodology consultancy. With more than 500 clients served and over 100,000 sales professionals trained, OnTarget has perfected the art of designing and implementing sales processes and methodologies to improve the effectiveness of salespeople, sales teams, sales organizations, and channel partners.

OnTarget's customers include many Fortune 1000 companies, primarily in the high technology, telecommunications and business services industries. Siebel Systems acquired OnTarget in 1999.

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