News: Deals: Reports

AdminServer Inc & Oracle Corp	Update Date: 06/23/08
Date Announced: 05/13/08
Value (million $USD): n/a

Status: Pending

TRANSACTION DETAILS
Date Announced	05/13/08
Date Originally Announced	05/13/08
Format	Acq. of Assets	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	n/a	Advisor Fees	n/a

SYNOPSIS
US - Oracle Corp agreed to acquire AdminServer Inc, a provider of software consulting services. Terms were not disclosed.

TARGET
Name	AdminServer Inc
Industries	Computer programming services; Life insurance
City	Chester
State	PA
Nation	United States
Incorporated in	n/a
Public Status	Private
Business Description	AdminServer Inc, located in Chester, Pennsylvania, provides software consulting and programming services for all segments of the insurance company specializes in fixed and variable annuities, pensions, immediate annuities and life insurance. The company was founded in 1998.
Advisors	NULL
Target Sales	7.5 million U.S. Dollar

ACQUIROR
Name	Oracle Corp (ORCL)
Industries	Information retrieval services; Computer integrated systems design; Computer related services,nec; Business consulting services, nec
City	Redwood City
State	CA
Nation	United States
Incorporated in	DE
Public Status	Public
Business Description	Oracle Corp, located in Redwood City, California, develops web-based enterprise database software, connectivity products, and gateways. It also provides application design, data access tools, computer modules for finance and administration, manufacturing, distribution and human resources, consulting, educational, support and systems integration services. The company was founded in 1977.
Advisors	NULL
Acquiror Sales	21.02 billion U.S. Dollar

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