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Oracle to acquire ClearApp

The company announces plans to buy ClearApp, whose application management software is designed to provide a greater view into a company's business services.

Oracle on Tuesday announced plans to acquire applications management software maker ClearApp.

The acquisition, which is expected to close by the end of the year, aims to enhance Oracle's lineup of Enterprise Manager products. ClearApp's technology is designed to allow customers to manage applications built on service-oriented architecture (SOA) platforms.

ClearApp's software aims to provide a greater view into a company's business services spread across all related application components.

"As customers deploy more SOA-based applications, the task of effectively managing them becomes paramount," Leng Leng Tan, Oracle's vice president of applications and systems management, said in a statement.

Terms of the deal were not disclosed.