Oracle Buys Product Lifecycle Management Leader Agile

REDWOOD SHORES, Calif. 15-MAY-2007 02:15 PM Oracle announced today that it has agreed to acquire Agile Software Corporation, a provider of product lifecycle management (PLM) software solutions, through a cash merger for $8.10 per share, or approximately $495 million.

Agile's PLM solutions help engineers, manufacturing and supply chain professionals and business executives drive the product innovation and introduction process, share product specifications and configurations and collaborate effectively across the supply chain in a variety of industries, including high-tech, life sciences, industrial manufacturing and consumer packaged goods.

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