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By Mel Duvall
If the first few days of activity are any indication, 2010 could be a busy year for mergers and acquisitions in the technology sector.
Oracle started things off this week by announcing that it had acquired data quality software vendor Silver Creek Systems of Westminster Colo. Silver Creek offers software that helps companies simplify and standardize product descriptions. Terms of the deal were not announced.
Oracle said it plans to apply Silver Creek’s DataLens software across a number of enterprise applications, including its Product Information Data Hub, Agile Product Lifecycle Management, Supply Chain Management, and Enterprise Resource Planning offerings.
“Lack of standardized product data continues to be a challenge for many enterprises,” said Hasan Rizvi, SVP of Oracle Fusion Middleware Product Development. Achieving improved product data quality can benefit companies in a number of ways, Oracle said in a presentation on the purchase, including providing for consistent and accurate data for use in sales, design, procurement, fulfillment, billing and other business operations.
Silver Creek includes such companies as McKesson, Corporate Express and Emerson among its customers. Its chief executive, Barbara Mowry, is the former CEO of Requisite Technologies, and currently serves as chairman of the Denver Branch of the Federal Reserve Bank of Kansas City.
In another move announced this week, storage giant EMC said it will acquire privately held Archer Technologies, a provider of governance, risk and compliance software, based in Overland, Kansas.
EMC said it will incorporate Archer’s technologies for risk management and information security into its RSA Security Division. EMC said Archer’s technology provides companies with the ability to visualize and manage risk issues. “You can’t manage what you can’t see,” RSA president Art Coviello said in a statement. “The Archer solution not only provides the visibility into risk and compliance that customers need, it brings stronger policy management issues into the RSA portfolio.”
Archer was founded by current president and CEO Jon Darbyshire in 2000. Prior to launching the company, Darbyshire held senior positions with the security and risk management practices of Ernst & Young and Price Waterhouse.
Terms of the deal were not disclosed but EMC said the acquisition is expected to close in the first quarter. Archer counts 25 of the Fortune 100 as customers, including Bank of America, RBC Royal Bank and Procter & Gamble.
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