Oracle to Buy mValent

Oracle (NASDAQ:[[ticker: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.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.