Oracle to acquire Stellent for $13.50 a share

Oracle said on Thursday that it agreed to acquire document management software maker Stellent, through a cash tender offer for $13.50 a share, or about $440 million.

Stellent makes enterprise content management software used to maintain the electronic filing systems of organizations. It has 4,700 customers worldwide--including Procter & Gamble, Merrill Lynch, The Home Depot, ING, Vodafone and Bayer.
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