You probably know by now that Oracle has just announced that it will expand its supply chain planning applications with the acquisition of Demantra, a leading provider of demand-driven planning solutions. Oracle has set up a special web page containing more information about this acquisition. Based on this RedHerring article, Oracle will pay $41 million in cash for the Israeli company Demantra.
What’s interesting is that the Oracle press release does not mention that Demantra is an Israeli company, and it does not mention how much Oracle is paying for the company. In fact the press release states that “financial details were not disclosed”.