Oracle (ORCL) is buying Instantis, a developer of on-premise (non-cloud) portfolio project...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

Oracle (ORCL) is buying Instantis, a developer of on-premise (non-cloud) portfolio project management software. Instantis' software will be integrated with Oracle's Primavera and (cloud-based) Fusion project management.apps. In July, Oracle bought cloud project management firm Skire. Microsoft and SAP also compete in this space.