Oracle buys again

Small vendor acquired

Its BEA purchase may have grabbed the headlines, but Oracle's string of niche acquisitions continues with the purchase of Captovation, a document-capture vendor Captovation.

Captovation's software will be plugged into Oracle's existing content management suite.

The transaction is expected to close next month. Terms of the deal were not disclosed.

Captovation provides software for check capture, high-volume scanning and browser-based information capture.

Captovation's software is already integrated with Oracle's Imaging and Process Management and Universal Content Management products.

In a letter to customers, Oracle's senior vice president for server technologies, Thomas Kurian, says Captovation's technology will help customers deal with regulatory requirements for auditing processes and save money.

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Tags technologyOraclecaptovation

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