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Advantage of acquisition
Today's customers prefer to deal with fewer suppliers providing more integrated solutions, leading to a trend of consolidation in the software industry, according to Ayman Abouseif, Managing Director, Oracle, Gulf States. Since taking over PeopleSoft in December 2004, Oracle has made numerous acquisitions to complement its products, most recently of Indian finance software specialists iFlex.
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Lisa Creffield, CorrespondentMonday, August 22 - 2005 at 10:18 UAE local time (GMT+4)
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