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Oracle agrees to buy software maker Convergin

Wed, 02/10/2010 - 9:01am
The Associated Press

REDWOOD SHORES, Calif. (AP) — Oracle Corp., the world's largest maker of proprietary database software, said Wednesday that it agreed to buy privately held Convergin, which makes real-time service brokering software.

The purchase price was not disclosed.

Oracle expects the deal to close in the first half of the year.

Its shares fell 44 cents to $23.07.

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