Oracle acquired Interlace Systems

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Oracle Buys Strategic Operational Planning Technology Provider Interlace Systems
Extends Oracle?s Industry-leading Enterprise Performance Management System

REDWOOD SHORES, Calif., 24-OCT-2007 05:01 AM Oracle announced today that it has agreed to acquire Interlace Systems, a provider of strategic operational planning software. A key part of the enterprise performance management (EPM) segment, Interlace Systems software helps organizations, quickly and collaboratively, combine functional processes to address strategic operational planning needs. Its software uses a change-based data modeling server, connecting operational plans in an integrated model and allowing business planners across functions to rapidly change operational assumptions, reevaluate scenarios, assess business impact and update the plan of record.

http://www.oracle.com/corporate/press/2 ... id=6033249