Menu
Oracle buying drug-safety software maker

Oracle buying drug-safety software maker

Move will boost Oracle's health sciences division

Oracle said Monday it is purchasing Relsys International, a maker of drug safety and risk management software, a move that ties into its ongoing strategy to tap verticals.

The deal is expected to close in the first half of this year. Terms were not disclosed.

Many of the world's largest pharmaceutical companies use Relsys' software, which pharmaceuticals, biotech companies and other organizations use to track and analyze safety-related data.

The Irvine, California, company will "bring significant domain knowledge and experience" to Oracle's health sciences global business unit, Oracle said in a statement.

Oracle's move "makes a lot of sense" given the political climate in the U.S., said Redmonk analyst James Governor.

"We're likely to see a stronger FDA and related approval processes under the Obama administration," Governor said. "Health care is also one of the verticals set to benefit from any big initiatives to fix U.S. health care."

But health care is not the only vertical Oracle is pursuing in search of new growth, and its battle against its rival in the ERP (enterprise resource planning) arena, SAP.

Last year, Oracle bought two companies that make software for the insurance industry. And in October, it scooped up Primavera, a top PPM (project portfolio management) vendor with customers in verticals such as construction and utilities.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags OracleBiotechnology

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Show Comments