Oracle Adds European Automotive Solution with Acquisition
7 December 1998
Oracle Adds European Automotive Solution with the Acquisition of Expanxion SAManages Electronic Communications Between European Automotive Suppliers; Complies with ODETTE, EDIFACT, and VDA Standards REDWOOD SHORES, Calif., Dec. 7 -- Oracle Corp. today announced the acquisition of Expanxion SA, based in Lille, France, a leading provider of software solutions for automotive equipment suppliers in Europe. As part of the agreement, Oracle has hired all former employees of Expanxion SA. This acquisition will bolster Oracle's strong automotive "Concept-to- Care"(TM) offering by providing a Europe-specific automotive solution that includes support for trading partner requirements for integrated electronic data interchange (EDI), release accounting and control, bar-coding, logistics, and inventory. Expanxion SA's leading product, GALION, is used by more than 150 customers throughout Europe. GALION was developed specifically for European automotive suppliers and manages electronic communications between automotive trading partners. The GALION software complies with the Organization for Data Exchange through Tele-Transmission in Europe (ODETTE) standard for the automotive industry as well as the United Nations' Electronic Data Interchange for Administration Commerce and Transport (EDIFACT) and the German Verband Der Automobilindustrie (VDA) standards. The product is available immediately through Oracle as a best-of-breed component to Oracle's automotive solution, creating a truly global offering. "Currently, Oracle offers a solid, best-of-breed solution for North American automotive manufacturers," said Don Klaiss, vice president, manufacturing products, Oracle Corporation. "Adding GALION to our product line creates a comprehensive solution and base of expertise that addresses the specific needs of European automotive suppliers, and addresses the global nature of automotive manufacturing today." "The European automotive industry is a key target market for Oracle Applications," said Sergio Giacoletto, senior vice president, business solutions, Europe, Middle East and Africa (EMEA), Oracle Corporation. "This acquisition enables Oracle to offer our customers the most compelling automotive solution in Europe, and gives our customers the opportunity to gain a significant advantage in this competitive marketplace." "Oracle customers will benefit immediately from having a Europe-specific automotive solution that addresses the needs of all the trading partners in the automotive supply chain," said Louis Minne, who was chief executive officer, Expanxion SA, prior to the acquisition. Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of more than $7.5 billion, the company offers its database, application server, tools and application products, along with related consulting, education and support services, in more than 140 countries around the world. For more information about Oracle, please call 650/506-7000. Oracle's World Wide Web address is (URL) http://www.oracle.com/ Trademarks Oracle is a registered trademark and Concept-to-Care is a registered trademark or trademark of Oracle Corporation. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Oracle Corporation Statements in this Press Release regarding Oracle Corporation's business which are not historical facts are "forward looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.