Oracle to Put Moniforce Into Its Web App Mix
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Oracle opened up its pocketbook again today, this time to snap up Dutch software firm Moniforce for an undisclosed price.
Moniforce's webStress and webProbe software lets companies monitor and evaluate the performance and availability of their Web applications by tracking a company's total network traffic.
Oracle officials said Moniforce's applications will help round out its Enterprise Manager application performance management suite, giving users the ability to detect and resolve end-user experience and application logic issues.
"The transaction underscores Oracle's strategy of lowering total cost of ownership and delivering higher quality of service for customers running packaged or custom applications in Oracle or non- Oracle environments," Chuck Rozwat, Oracle's executive vice president of product development, said in a prepared release.
In a June research report, Forrester Research analyst Jean-Pierre Garbani wrote that Moniforce's webProbe software "forms a key element in managing service levels and supporting mission-critical Web applications. Although Moniforce is a European vendor, it offers a world-class suite of Web application management solutions."
In the past four years, Oracle has acquired more than 45 companies. During last month's OpenWorld conference, Oracle executives repeated the company's commitment to enter new markets such as virtualization and make strategic acquisitions to round out its enterprise software portfolio.
In the application performance management sector, Oracle competes against the likes of HP, which picked up Mercury Interactive for $4.5 billion last year, IBM, Corvil and Quest Software.
Oracle shares dipped 8 cents a share, or less than 1 percent, to $21.14 a share in Thursday afternoon trading after the deal was announced.