Oracle buys Textura for $663M to build up its construction IT business

 Oracle today announced that it is making an acquisition to (literally and figuratively) build out its Primavera project management and billing business: it is buying Textura, a provider of cloud-based contract and payment management solutions specifically for the construction industry. The all-cash deal, Oracle said, is worth $663 million, net of Textura’s existing cash. Oracle said… Read More