Oracle to Buy mValent

Oracle (NASDAQ:ORCL), the enterprise software giant, says that it has agreed to acquire mValent, a Waltham, MA-based provider of software used to automate and manage applications. Redwood Shores, CA-based Oracle plans to integrate mValent its Oracle Enterprise Manager business. The deal—terms of which were not disclosed—is expected to close in the first half of this year.

Trending on Xconomy