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Tuesday, November 2, 2010
Oracle Buys eCommerce Software Giant ATG For $1 Billion
ATG, provider of eCommerce software and related on-demand commerce optimization applications, this morning announced that it has agreed to be acquired by Oracle for $6 per share in cash, or approximately $1 billion. ATG's eCommerce software platform is complementary to Oracle's CRM, ERP, Retail, and Supply Chain applications, as well as its portfolio of middleware and business intelligence technologies, the company said in a statement.
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