Oracle Buys Stellent: I Was Wrong – They Didn’t Buy Open Text

Hat tip to John Mancini over at ECM Industry Watch. Oracle announced after the market close that they are acquiring Stellent for a cash tender offer for $13.50 a share. Add that up and you get $440 million.

Oracle said the acquisition will complement and extend its existing content management solution portfolio, and is expected to close by the end of the year or early 2007.

Well, what will this mean for Stellent customers? Not sure. Oracle is hosting a media conference call on Monday, November 13, 2006, to outline its enterprise content management strategy. I will try and listen in.

What does this mean for Oracle? Well, they don’t have worry about taking Records Database to the JITC for DoD 5015.2 certification since Stellent has been certified against this standard. Oracle conspicuously fell off the testing schedule this past year and rumors were that there was some missing DoD core functionality. They can now leverage the sound Stellent records management product for compliance with DoD 5015.2.

What is really unclear is what the repository model will look like. Will Oracle replace the Stellent repository with Content Database and Records Database?

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1 Response to “Oracle Buys Stellent: I Was Wrong – They Didn’t Buy Open Text”


  1. 1 Secondary Sales management June 28, 2010 at 3:59 am

    Did Oracle replace its missing Stellent repository with Content Database and Records Database? Is it working?

    Parthu


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Russ Stalters is Director, Information & Data Management at a global oil and gas company. Everything in this Blog is his personal opinion and does not represent the views of his employer. No warranties or other guarantees will be offered as to the quality of the opinions or anything else offered here.


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