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Tuesday, Jun 5
2012, 9:34 AM
Oracle (ORCL) continues its social media software M&A spree by acquiring Collective...
Oracle (ORCL) continues its social media software M&A spree by acquiring Collective Intellect, a developer of cloud-based tools that allow companies to monitor and respond to Facebook/Twitter conversations. The deal comes shortly after Oracle reached a deal to buy social media marketing firm Vitrue, and just a day after Salesforce.com (CRM) made its purchase of Vitrue rival Buddy Media, which Oracle took a look at, official.