Oracle recently completed its acquisition of Goodwin Procter client Endeca Technologies, a leading provider of unstructured data management, web commerce and business intelligence solutions.
With the acquisition, Oracle is expected to create a comprehensive technology platform to process, store, manage, search and analyze structured and unstructured information together.
The acquisition marks a milestone in Goodwin’s representation of Endeca. The firm’s relationship began in 2006 and included assisting on multiple debt and equity financings and other general corporate matters.
“This is a tremendous outcome for Endeca, and we’re very appreciative to have been a part of the culmination of more than a decade of innovation and effort,” said Goodwin partner Mark Bettencourt. “Endeca is a remarkable organization, whose cutting-edge technology is only exceeded by its world-class people. It’s been a pleasure working with them.”
Endeca was founded in Cambridge, Massachusetts in 1999. At the time of the acquisition, Endeca had over 600 customers including Boeing, the United States Department of Justice, Ford Motor Company, Hyatt, the Library of Congress, Texas Instruments and Walmart.com.
The Goodwin deal team was led by partners Bettencourt and Joseph Theis.