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Oracle is having a busy couple of weeks, as are we all. A cool $495 million, or about $8.10 per share is getting them a new product lifecycle management toy, courtesy of their acquisition of Agile Software.

In the words of John Palatto at eWeek, Oracle is continuing on its "relentless campaign of cherry-picking enterprise application software companies," in an attempt to get past and outgrow nemesis SAP.

"Profitable product innovation is critical to product-based industries, making PLM one of the fastest growing application segments," said Oracle President Charles Phillips. "The addition of Agile, which will serve as the foundation of our PLM offering, will further Oracle's strategy of delivering industry-specific enterprise applications and allows us to offer yet another strategic application to SAP customers."

Ridiculous.

"With over 1,250 PLM customers and over 10,000 visualization customers globally, Agile has a proven track record of rapid, successful implementations integrated to a wide range of ERP and CAD systems," said Agile CEO Jay Fulcher. "By becoming part of Oracle we can bring Agile's solutions to a wider audience and accelerate the advance of Enterprise PLM."

Agile Solutions Corp., RIP.

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