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Tuesday, 5 June 2012 - Oracle to buy Collective Intellect |
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Credit: Reuters/Robert Galbraith Tue Jun 5, 2012 8:49am EDT (Reuters) - Oracle Corp will buy Collective Intellect, which helps businesses to get information about consumers from Facebook and Twitter pages. The terms of the deal were not disclosed. The deal comes a day after Oracle's rival Salesforce.com Inc agreed to buy Buddy Media, a social media marketing company. Collective Intellect uses its web-based text mining and analytics software to help its customers to collect and process information from online consumer conversations and other available content. Oracle last month announced plans to buy Vitrue, a cloud-based social marketing and engagement platform, for an undisclosed price. Industry website TechCrunch said the Vitrue deal was for $300 million. (Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) scythe wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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