Oracle Buys ATG
The headline yesterday was Oracle Buys ATG.
One of the biggest technology companies, Oracle, is following other industry heavy weights such as Google into the e-commerce arena by making a substantial investment with buying one of the leading e-commerce platform providers ATG.
It’s interesting to see how the e-commerce field will evolve after other big deals such as GSI’s purchase of Rue La La and Rakuten and Baidu partnering up in the Chinese market.
It remains to be seen how Magento’s taking in a large investment earlier this year will play out.