Oracle buys SPL

Sponsored by

Expands Oracle's applications drive into utilities and public sector.

REDWOOD SHORES, CA, Nov. 6, 2006 -- Oracle on Friday announced that it acquired SPL WorldGroup, a leading provider of revenue and operations management software for the utilities industry and tax management software for government organizations.

SPL delivers best-in-class solutions for customer care & billing, mobile workforce management, outage & distribution management, and asset management that are specifically designed for electric, gas and water utilities. The company's broad suite of industry leading utility solutions supports critical operational business processes, services, markets and geographies. SPL also offers a complementary public sector tax management solution that provides a foundation to manage the financial relationships a governmental entity has with its constituents.

"With the addition of SPL, Oracle plans to delivers the first end-to-end packaged revenue and operations management solution for investor-owned and public sector utilities," said Charles Phillips, President, Oracle.

"Conventional, customized solutions have proven inefficient, inflexible and costly. Oracle is putting utilities in control to enable greater business insight, increased service profitability and customer loyalty.

In addition, SPL's tax management solution solves the revenue management needs of public sector enterprises."

"Mission-critical systems for operational functions are a priority software spend for utilities," said Larry Hagewood, CEO at SPL. "We expect our combined solutions will help facilitate the transformation of utilities to leading edge infrastructure that creates competitive advantage for our customers."

SPL management and employees will form a dedicated global utilities business unit within Oracle focused on utilities industry specific solutions, and will continue to support the development of tax management software for the public sector. Larry Hagewood will lead the unit as General Manager.

SPL was purchased from private equity funds managed by GFI Energy Ventures LLC. Terms of the transaction were not disclosed.

Working with systems-integration and technology partners around the world, SPL (www.splwg.com) delivers software applications that help utilities achieve competitive advantage and excellence in business performance, while ensuring a lower total cost of technology ownership. SPL solutions in customer care and billing, enterprise asset and work management, mobile workforce management, and outage and distribution management are specifically designed for energy, water, and service companies.

Oracle (www.oracle.com) is one of the world's largest enterprise software companies.

---

Also see:
-- "Oracle Buys Stellent: Accelerates Enterprise Content Management Strategy with Industry Leading Products"
-- "Finalists in Leading Analyst Firm's CRM Excellence Awards are Oracle Customers: Customer BNSF Wins Honors for Excellence in Enterprise CRM"

###

Sponsored by

TODAY'S HEADLINES

CH2M HILL lauded for noteworthy wastewater treatment projects

CH2M HILL has been recognized with two Global Water Awards for its exceptional infrastructure work involving Peru's Taboada Wastewater Treatment Plant and the Bahrain Petroleum Company.

Winners of 2013 Campus RainWorks Challenge targeting green infrastructure announced

Four winners of the Environmental Protection Agency's second annual Campus RainWorks Challenge were recently announced.

S.F. Bay water quality, wetlands to be improved with $5M EPA grants

Nearly $5 million in grants provided by EPA have been designated to restore water quality and wetlands throughout the San Francisco Bay watershed.

Aeration Problem?

A supposed aeration problem is often nothing of the sort; it is simply the need for an efficient and appropriate mixer. Therefore, any facility striving to achieve as much treatment as possible on-site should consider mixing to reduce total operation costs.

FOLLOW US ON SOCIAL MEDIA