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16 Jan 2008

Oracle Buys Document Capture Leader Captovation

REDWOOD SHORES, Calif., 16-JAN-2008 01:00 PM Oracle announced today that it has agreed to acquire Captovation, a leading provider of document capture solutions that streamline the process of capturing mission-critical content for access from within business applications and processes. The acquisition is expected to strengthen Oracle's leading Enterprise Content Management (ECM) software portfolio to provide an integrated and automated solution for overall transactional content management that will help reduce costs, streamline critical business processes and simplify regulatory compliance.

Captovation's software is expected to be a core component of Oracle Enterprise Content Management, which provides comprehensive capabilities for managing dynamic, transactional and historical content. Oracle Enterprise Content Management is a component of Oracle Fusion Middleware, the industry's fastest growing, most standards-compliant, and best-of-breed technology foundation for Service-Oriented Architecture.


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