Oracle (NSDQ: ORCL ) Wednesday acquired the intellectual property assets of Conformia Software, a supplier of product life-cycle management software for manufacturers producing in highly regulated industries. No price was disclosed in the acquisition.
Its software found adoption in the life sciences community involved in the production of chemical, biotechnology, and pharmaceutical products. Oracle will integrate the Sunnyvale, Calif., company's product line into its Oracle Health Sciences applications and third-party systems, company officials said. It will also integrate its technology in Oracle Agile Product Lifecycle Management as an application that covers drug development, packaging, and commercialization.