Last week, Oracle finally beat out SAP AG in its battle to acquire retail applications vendor Retek Inc. for approximately US $630 million. Oracle had been trying to acquire Retek since earlier this year but was initially distracted by its long, drawn-out efforts to buy PeopleSoft. Then, SAP decided to make a play for Retek.
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About The Author
Curt Hall is a Cutter Expert and a member of Arthur D. Little’s AMP open consulting network. He has extensive experience as an IT analyst covering technology and application development trends, markets, software, and services. Mr. Hall's expertise includes artificial intelligence (AI), machine learning (ML), intelligent process automation (IPA), natural language processing (NLP) and conversational computing, blockchain for business, and customer… Read More
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