Oracle HQ
Oracle wants to boost its retail offering

Oracle buys 3D software developer AVT

Acquisition of Advanced Visual Technology designed to boost retail capabilities

Angelica Mari

Oracle has acquired 3D software house Advanced Visual Technology (AVT) in a bid to increase the functionality of its systems geared at the retail sector.

AVT develops 3D visual macro space planning software which allows retailers to collaborate with stores and suppliers to design, plan and view floor space in real time.

Advertisement

Oracle intends to combine AVT's products with its own application suite. AVT's staff and management are expected to join Oracle's retail global business unit.

The combined systems promise to offer increased profits for retailers by improving space allocation and performance monitoring across categories, aisles and departments.

"The combination of Oracle and AVT will create an industry-leading macro space management solution that will maximise profitability through better allocation of selling space," said Duncan Angove, senior vice president and general manager at Oracle Retail.

"This will help enable retailers to gain rapid and profitable ROI from every inch of store space and help Oracle further realise its vision for insight-driven retailing."

The transaction is expected to close in the second half of 2008.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Do you agree?

Further reading

Oracle OpenWorld 2008

Oracle OpenWorld 2008 Round-up

All the news from Oracle's annual event in San Francisco

oracle logo

Oracle updates Java and e-business tools

Push for Java development unveiled at OpenWorld 2008

Oracle creates a buzz around Beehive

New collaborative tool to integrate disparate programs

Oracle meets SOA demand with ClearApp buy

Acquisition designed to help Oracle's SOA-dependent customers

Related whitepapers

Related jobs

Most watched

Xperia X1

Video Review: Sony Ericsson Xperia X1

First Looks Editor Ian Williams gets hands on with the Sony Ericsson Xperia X1

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

IT white papers

Search white papers

Top categories

Poll

Poll: Summer smartphones

Poll: Summer smartphones

Which smartphone will you be taking to the beach this summer?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

a padlock

Microsoft to plug security holes

Microsoft has given advance warning of a number of security...

Nokia handset

Top 10 articles, 10 July 09

No Nokia Android phone, ActiveX attacks and Google enters into...

Can Google beat Microsoft at its own game?

Google's announcement this week that it plans to step into...

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

Primary Navigation