PeopleSoft Completes Cohera Acquisition

Updated · Aug 28, 2001

PeopleSoft Monday says it has completed its acquisition of intellectual property and certain assets of Hayward, Calif.-based Cohera.

The cash deal originally announced back on July 23, 2001 effectively supplies the Pleasanton, Calif.-based company's CRM platform with Cohera's catalog management and content integration software.

“For effective collaboration, businesses need to easily integrate content from many different sources into the applications,” says PeopleSoft executive vice president of Products and Technology Ram Gupta. “Until now, such integration has been a problem for customers. By integrating Cohera's solution with PeopleSoft's collaborative applications, PeopleSoft is setting a new standard in private trading-exchange services.”

To support its catalog content integration initiative, PeopleSoft has working hard to network with several content service partners. In addition to the Cohera purchase, PeopleSoft is also working with ADX-Advanced Data Exchange, British Telecom, Commerce One, eScout, EssentialMarkets, Metacat, Redknife, SPS Commerce, TPN Register, VerticalNet, and Zycus to give its customers a wide selection.

PeopleSoft says its open architecture, combined with the offerings of these companies, let customers create and adopt new content, access catalog information across networks regardless of its format, and manage complete supplier content relationships.

Reprinted from siliconvalley.internet.com