Oracle announced to acquire Project and Portfolio Management software company Primavera. Primavera’s PPM software helps companies propose, prioritize and select project investments, and plan, manage and control the most complex projects and project portfolios.
Nortel announced that it has acquired Pingtel, an unified communication based software provider and is owned by Bluesocket inc, a mobile solution provider. Financial terms of the deal has not been announced yet. All of the employees of Pingtel will be integrated with Nortel. On the other hand hand, Pingtel is going to add unified communication based portfolio in addition to its research capabilities to Nortel.
Microsoft said late Tuesday that it has bought Navic Networks, a company that helps television advertisers manage their ad campaigns.
