Oracle today announced its intent to acquire Stellent in a $440 million deal. Stellent is a global provider of enterprise content management (ECM) solutions.
Oracle (Quote) said the acquisition will complement and extend its existing content management solution portfolio, which includes Oracle Content Database to store and centrally manage unstructured content in Oracle databases.
Stellent’s Universal Content Management solution works with Oracle Content Database and offers a variety of solutions for Document Management, Web Content Management, Information Rights Management, Digital Asset Management, Records and Retention Management, Imaging, and Governance, Risk, and Compliance.
Stellent, based in Eden Prairie, MN., has more than 4,700 customers worldwide, including such blue chip companies as Procter & Gamble, Merrill Lynch, The Home Depot, ING, and Vodafone.
