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

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.
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