NEWS Oracle is to acquire Carleton Corporation in a deal worth $8.7m. The two companies have signed a definitive agreement, which will see the leading database provider acquire Carleton by giving its shareholders $2.45 for each share. Carleton's technology - which currently focuses on mainframe data extraction tools for data warehousing applications - will be incorporated with Oracle's Warehouse Builder.
Oracle spends $8.7m on data mining tools vendor
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