Oracle Snaps Up Bridgestream

Acquisition-happy Oracle adds another bauble to complement its identity management software suite.


How to Help Your Business Become an AI Early Adopter


Posted September 4, 2007

Larry Barrett

Bridgestream, which develops software used to map business relationships within an organization, on Friday confirmed that it has become the latest in a string of acquisitions by Oracle (Quote).

Ed Zou, Bridgestream's vice president of marketing, told internetnews.com that both companies will make the announcement official sometime next week. He said the deal was actually consummated roughly two weeks ago but declined to comment on why both companies have kept the news to themselves until now.

"It's very exciting," Zou said. "We think it's a perfect fit from an applications and technology perspective and with Oracle's strength to go to market. It's a good fit."

Zou said the financial terms of the deal may or may not be disclosed next week when Oracle makes it official. Oracle representatives were not immediately available to comment on the acquisition.

Bridgestream, which was founded in 2000, makes software that helps companies figure out who does what within the organization. It tracks changes in personnel, responsibilities and job functions, giving users a holistic view of all the skills and expertise of its employees.

In June, Bridgestream unveiled its SmartRoles 3.0 software, a role-management application that enables customers to address governance and compliance needs across the entire IT infrastructure. It provides a single point of management for enterprise access to control policies to ensure employees are granted the right access to do their jobs at the right time.

This article was first published on InternetNews.com. To read the full article, click here.

Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.