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Oracle acquires collaborative software maker

Beefing up its new online application....

By Sonya Rabbitte

Published: 11 September 2001 13:18 GMT

Oracle has added to its hosted software applications with the acquisition of 3Cube, a maker of collaborative software for online meetings.

Oracle will integrate 3Cube's Web Meeting Services technology into iMeeting, a new online application which allows remote users to host meetings over the internet.

Terms of the deals have not been revealed, but the purchase is a 'non-material' acquisition and the cost will be incorporated into Oracle's research and development budget.

California-based 3Cube is a private company and was founded in 1999.

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